Bill
HB 5782
Financial institutions: credit unions; insurance from a qualified private insurance organization; allow for domestic credit unions. Amends sec. 387 of 2003 PA 215 (MCL 490.387). TIE BAR WITH: HB 5779'26, HB 5780'26, HB 5781'26, HB 5783'26
2025-2026 Regular Session
Introduced by Brian BeGole and 6 co-sponsors
Domestic non-corporate Michigan credit unions must obtain primary share/deposit insurance from a federal agency or a licensed private insurer.
REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION