Electronic Transactions Of Public Funds (Excerpt) Act 738 Of 2002


Published: 2015

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ELECTRONIC TRANSACTIONS OF PUBLIC FUNDS (EXCERPT)
Act 738 of 2002

124.305 ACH arrangement; validity; compliance.

Sec. 5.

(1) This act does not affect the validity of an ACH arrangement entered into by a local unit before the effective date of this act.

(2) All electronic transactions made on or after the effective date of this act shall comply with this act.


History: 2002, Act 738, Imd. Eff. Dec. 30, 2002

© 2015 Legislative Council, State of Michigan