Michigan § 490.104 - "Credit union"; use in name or title; restrictions; "corporate" or "corporate central"; use in name.
Full text of Michigan Michigan Compiled Laws § 490.104 — "Credit union"; use in name or title; restrictions; "corporate" or "corporate central"; use in name., with citation guidance and answers to common questions.
§ 490.104. "Credit union"; use in name or title; restrictions; "corporate" or "corporate central"; use in name.
(1) A person shall not use the words "credit union" in its name or any assumed names, unless it is 1 of the following:
(a) A domestic credit union or a foreign credit union.
(b) A credit union trade association.
(c) A credit union service organization.
(d) An organization that is wholly owned by 1 or more domestic credit unions, foreign credit unions, credit union trade associations, or credit union service organizations.
(e) A separate segregated fund established under section 55 of the Michigan campaign finance act, 1976 PA 388, MCL 169.255, or a political action committee under federal law.
(2) A credit union may not use the word "corporate" or the words "corporate central" immediately before the words "credit union" in its name unless it is a corporate credit union organized under this act, the laws of another state or territory of the United States, or the laws of the United States.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 490.104
What does Michigan Compiled Laws § 490.104 cover?
Section 490.104 (""Credit union"; use in name or title; restrictions; "corporate" or "corporate central"; use in name.") is part of the Michigan Compiled Laws, the codified statutory law of Michigan. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Michigan § 490.104?
A common citation format is "Michigan Compiled Laws § 490.104" (Michigan). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Michigan law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Michigan official source linked on this page or consult a licensed Michigan attorney.
How does Michigan § 490.104 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Michigan can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Michigan.