SB 1026·MI·senate
Financial institutions: credit unions; requirements for use of assumed names by credit unions; modify. Amends sec. 304 of 2003 PA 215 (MCL 490.304).
Reported by CommitteeFiled Jun 10, 2026
Sponsor: Veronica Klinefelt (D)
Latest Action
REFERRED TO COMMITTEE OF THE WHOLE WITH SUBSTITUTE (S-1)
Oct 27, 2026
Summary
SB 1026 amends the state law that governs credit unions’ use of assumed (or “doing‑business‑as”) names. The change updates the requirements credit unions must follow when adopting such names. It is intended to clarify or modernize the existing regulations for credit unions in Michigan.
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