MCL 567.257a Exemptions; "Association" Defined

LibraryMichigan Statutes
Edition2023
CurrencyCurrent through Public Act 321 of the 2023 Legislative Session
Year2023
CitationMCL 567.257a

(1) Except with respect to property described in sections 7 and 17, this act does not apply to any credit balances, overpayments, deposits, refunds, discounts, rebates, credit memos, or unidentified remittances created on or after April 1, 2009 and issued, held, due, or owing in any transactions between 2 or more associations. This exemption does not apply to outstanding checks, drafts, or other similar instrumen...

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