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Form a Business

Receipt evidencing electronic fund transfer; time; costs.

MCL 488.17
in effect
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488.17. Receipt evidencing electronic fund transfer; time; costs. Sec. 17. An electronic fund transfer made by a customer of a financial institution shall be evidenced by a receipt provided to the customer at the time of the electronic fund transfer. If a receipt cannot be provided at the time of the transfer it shall be provided on a regular basis at the option of the customer and upon agreement by the customer to pay all reasonable costs for the service. 1978, Act 322, Eff. Jan. 1, 1979
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-488-17Fetched: 10/20/2026

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