Sec. 234.
All powers, duties and functions of the secretary of state under the provisions of Act No. 156 of the Public Acts of 1964, as amended, being sections 489.501 to 489.899 of the Compiled Laws of 1948, relating to savings and loan associations and savings associations, are transferred by a type II transfer to the financial institutions bureau of the department of commerce. The commissioner of the financial institutions bureau is designated as the supervisory authority pursuant to section 172 of Act No. 156 of the Public Acts of 1964, as amended.
History: 1965, Act 380, Imd. Eff. July 23, 1965 ;-- Am. 1971, Act 71, Imd. Eff. July 28, 1971 Popular Name: Act 380
Structure Michigan Compiled Laws
Chapter 16 - Executive Organization
Act 380 of 1965 - Executive Organization Act of 1965 (16.101 - 16.608)
380-1965-10 - Chapter 10 Department of Commerce (16.325...16.342)
Section 16.325 - Department of Commerce; Creation.
Section 16.326 - Head of Department of Commerce.
Section 16.327 - Repealed. 1966, Act 324, Imd. Eff. July 19, 1966.
Section 16.328 - State Banking Department and Office of Commissioner; Transfer.
Section 16.329 - Department of Insurance and Office of Commissioner; Transfer.
Section 16.330 - State Liquor Control Commission; Transfer.
Section 16.331 - Public Service Commission; Transfer.
Section 16.332 - Department of Economic Expansion; Transfer; Exceptions.
Section 16.333 - Department of Aeronautics and Michigan Aeronautics Commission; Transfer.