Ach Arrangement; Validity; Compliance.

  1. Law
  2. Michigan Compiled Laws
  3. Municipalities
  4. 738 of 2002 - Electronic Transactions of Public Funds (124.301 - 124.305)
  5. Ach Arrangement; Validity; Compliance.

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Sec. 5.

(1) This act does not affect the validity of an ACH arrangement entered into by a local unit before the effective date of this act.

(2) All electronic transactions made on or after the effective date of this act shall comply with this act.

History: 2002, Act 738, Imd. Eff. Dec. 30, 2002


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