Section 491.124 - “Federal association” defined.
SAVINGS AND LOAN ACT OF 1980 (EXCERPT)
Act 307 of 1980
491.124 “Federal association” defined.
Sec. 124.
“Federal association” means a corporate organization that transacts business pursuant to authority granted under the home owners' loan act of 1933, 12 U.S.C. 1461 to 1468, with its principal office located in this state.
History: 1980, Act 307, Eff. Jan. 1, 1981