State Codes and Statutes
Statutes > Michigan > Chapter-750 > Act-328-of-1931 > 328-1931-lv > Section-750-376aTHE MICHIGAN PENAL CODE (EXCERPT)
Act 328 of 1931
750.376a Savings promotion raffle.
Sec. 376a.
This chapter shall not apply to a savings promotion raffle conducted by a domestic credit union pursuant to section 411 of the credit union act or to a savings promotion raffle conducted by a federally chartered credit union, a state or nationally chartered bank, or a state or federally chartered savings and loan association that is conducted in the same manner as a raffle conducted by a domestic credit union under section 411 of the credit union act.
History: Add. 1982, Act 395, Eff. Mar. 30, 1983 ;-- Am. 2003, Act 217, Imd. Eff. Dec. 2, 2003
