Credit Card Transactions (Excerpt) Act 266 Of 1995

Published: 2015

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Act 266 of 1995

129.242 Credit card arrangement; use of credit cards.

Sec. 2.

(1) Subject to sections 3 and 5, the governing body of a local unit may enter into a credit card arrangement.

(2) A credit card arrangement or the use of credit cards under this act is not subject to the revised municipal finance act, 2001 PA 34, MCL 141.2101 to 141.2821, or to provisions of law or charter concerning the issuance of debt by a local unit.

History: 1995, Act 266, Eff. July 8, 1996


Am. 2002, Act 257, Imd. Eff. May 1, 2002

© 2015 Legislative Council, State of Michigan