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HB 5779: Allow credit unions to use private insurers to convert to a mutual savings bank
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Introduced April 14, 2026
Official text and analysis
Financial institutions: credit unions; commitment for insurance from a qualified private insurance organization; allow for domestic credit unions in certain filings. Amends sec. 301 of 2003 PA 215 (MCL 490.301).

Sponsor: Mike Harris
Cosponsors: Jay DeBoyer, Jason Woolford, Mike McFall, Matt Bierlein, Brian BeGole
Referred to House Insurance Committee




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