Mich. Comp. Laws § 16.334
This is the official text of Mich. Comp. Laws § 16.334, part of Michigan’s Comp. Laws — part of the compiled statutory law of Michigan, published by the state as "Comp. Laws." Browse the sections below, each linked to its official government source.
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Powers and duties of secretary of state relating to savings and loan associations; type II transfer.
Official statutory text
Sec. 234.
All powers, duties and functions of the secretary of state under the provisions of Act No. 156 of the Public Acts of 1964, as amended, being sections 489.501 to 489.899 of the Compiled Laws of 1948, relating to savings and loan associations and savings associations, are transferred by a type II transfer to the financial institutions bureau of the department of commerce. The commissioner of the financial institutions bureau is designated as the supervisory authority pursuant to section 172 of Act No. 156 of the Public Acts of 1964, as amended.
History: 1965, Act 380, Imd. Eff. July 23, 1965; Am. 1971, Act 71, Imd. Eff. July 28, 1971
All powers, duties and functions of the secretary of state under the provisions of Act No. 156 of the Public Acts of 1964, as amended, being sections 489.501 to 489.899 of the Compiled Laws of 1948, relating to savings and loan associations and savings associations, are transferred by a type II transfer to the financial institutions bureau of the department of commerce. The commissioner of the financial institutions bureau is designated as the supervisory authority pursuant to section 172 of Act No. 156 of the Public Acts of 1964, as amended.
History: 1965, Act 380, Imd. Eff. July 23, 1965; Am. 1971, Act 71, Imd. Eff. July 28, 1971
Status: in_force · Read it on the official government site
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