SB1030 — Financial institutions: credit unions; notices to credit union members of certain mergers; modify requirements for. Amends sec. 371 of 2003 PA 215 (MCL 490.371).

SB1030 — Financial institutions: credit unions; notices to credit union members of certain mergers; modify requirements for. Amends sec. 371 of 2003 PA 215 (MCL 490.371). · Informed CitizenryThis bill amends the Credit Union Act to modify the requirements for credit union mergers. It specifies that for domestic credit unions to merge, the board of each constituent credit union must ado…Open in Informed Citizenry