Section 491.126 - “Foreign association” defined.
SAVINGS AND LOAN ACT OF 1980 (EXCERPT)
Act 307 of 1980
491.126 “Foreign association” defined.
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