Mich. Comp. Laws § 490.104: "Credit union"; use in name or title; restrictions; "corporate" or "corporate central"; use in name.
Where this section sits in the code
- MI Code
- Chapter 490
- Act Act-215-of-2003
Sec. 104.
(1) A person shall not use the words "credit union" in its name or any assumed names, unless it is 1 of the following:
(a) A domestic credit union or a foreign credit union.
(b) A credit union trade association.
(c) A credit union service organization.
(d) An organization that is wholly owned by 1 or more domestic credit unions, foreign credit unions, credit union trade associations, or credit union service organizations.
(e) A separate segregated fund established under section 55 of the Michigan campaign finance act, 1976 PA 388, MCL 169.255, or a political action committee under federal law.
(2) A credit union may not use the word "corporate" or the words "corporate central" immediately before the words "credit union" in its name unless it is a corporate credit union organized under this act, the laws of another state or territory of the United States, or the laws of the United States.
Collected 2026-09-14T18:32:31Z. Source file · JSON