Bill
HB 5779
Financial institutions: credit unions; commitment for insurance from a qualified private insurance organization; allow for domestic credit unions in certain filings. Amends sec. 301 of 2003 PA 215 (MCL 490.301). TIE BAR WITH: HB 5780'26, HB 5781'26, HB 5782'26, HB 5783'26
2025-2026 Regular Session
Introduced by Brian BeGole and 5 co-sponsors
The bill requires a firm insurance commitment from a federal agency or a qualified private insurer for share and deposit accounts in order to organize a domestic Michigan credit un
REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION