Compiler's Notes: Enacting section 1 of Act 503 of 2012 provides:"Enacting section 1. The savings and loan act of 1980, 1980 PA 307, MCL 491.102 to 491.1202, is repealed effective December 31, 2012."For transfer of authority, powers, duties, functions, and responsibility of the financial institutions bureau and the commissioner of the financial institutions bureau to the commissioner of the office of financial and insurance services and the office of financial and insurance services by type III transfer, see E.R.O. No. 2000-2, compiled at MCL 445.2003 of the Michigan compiled laws.