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Code · Michigan · Chapter 490 — Credit Unions

490.403 Domestic credit union; incidental powers.

45 words·~1 min read·/mi/chapter-490/490-403

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490.403 Domestic credit union; incidental powers.
Sec. 403.
A domestic credit union may exercise any incidental powers that are necessary or required to enable it to effectively carry out the business for which it is organized.
History: 2003, Act 215 , Eff. June 1, 2004
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