Mich. Comp. Laws § 488.24

Current through Public Act 151 of the 2024 Legislative Session
Section 488.24 - Unauthorized transactions prohibited

A funds transfer facility shall not be used to facilitate or effect a transaction with a financial institution, which transaction the financial institution is not otherwise authorized by law to transact.

MCL 488.24

1978, Act 322, Eff. 1/1/1979.