Section 491.126 - “Foreign association” defined.
SAVINGS AND LOAN ACT OF 1980 (EXCERPT)
Act 307 of 1980
491.126 “Foreign association” defined.
Sec. 126.
“Foreign association” means a federal association with its principal office located in another state and any other corporate entity that transacts a savings and loan business as provided in this act pursuant to authority granted by the laws of another state.
History: 1980, Act 307, Eff. Jan. 1, 1981