Michigan SB 729: Financial institutions; money transmitters; exemption from requirements of money transmission services act for certain gift cards and other stored value devices; clarify. Amends secs. 2, 3 & 4 of 2006 PA 250 (MCL 487.1002 et seq.).

Status: referred to Committee on Financial Services (as of 2018-05-10)

State: Michigan · Session: 2017-2018 · Bill: SB 729

Subjects: Financial institutions: money transmitters, Occupations: business licensing and registration, State agencies (existing): insurance and financial services

Sponsors: 20, Goeff Hansen, Margaret O'Brien, Peter MacGregor

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