Current through Public Act 151 of the 2024 Legislative Session
Section 488.8 - Funds transfer facility; reliable service; protection of privacy; safety and soundness of funds; compliance with antitrust laws(1) A funds transfer facility shall provide reliable service to the person with protection of privacy of personal financial information.(2) A funds transfer facility shall not impair the safety and soundness of a person's funds.(3) Persons subject to this act shall act and conduct their affairs in a manner which complies with the antitrust laws of this state or the United States to assure a free and open competitive economy in this state.1978, Act 322, Eff. 1/1/1979.