SB1029 — Financial institutions: credit unions; notice requirements for certain closures by credit unions; modify. Amends sec. 221 of 2003 PA 215 (MCL 490.221).

SB1029 — Financial institutions: credit unions; notice requirements for certain closures by credit unions; modify. Amends sec. 221 of 2003 PA 215 (MCL 490.221). · Informed CitizenryThis bill amends the Credit Union Act regarding the closure of credit union locations during emergencies or special observances. It provides that the director may order a domestic credit union to c…Open in Informed Citizenry