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U.S. State Codes
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Michigan
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Chapter 490 - Credit Unions
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Act 215 of 2003 Credit Unio...
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Article 2 - Supervision by ...
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215-2003-2-3 Part 3 Conservatorships (490.241.....
215-2003-2-3 Part 3 Conservatorships (490.241...490.245)
Section 490.241 Appointment of Conservator; Grounds; Bond and Security; Qualifications; Payment of Administrative Expenses.
Section 490.242 Possession of Books, Records, and Assets; Rights of Parties; Discharge of Real Estate Mortgage.
Section 490.243 Withdrawal by Members and Depositors and Payment to Other Creditors; Availability of Amounts; Receipt of Shares and Deposits; Actions; Return of Control to Credit Union Board; Notice.
Section 490.244 Authority of Commissioner to Borrow Money; Conditions; Secured Loans.
Section 490.245 Termination of Conservatorship; Determination by Commissioner; Resumption of Business Transactions by Domestic Credit Union; Appointment of Receiver; Liquidation.