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§ 488.23 — Michigan Law | CourtGPT
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  3. Michigan/
  4. Chapter 488 - Electronic Funds Transfersact 322 of 1978 - Electronic Funds Transfers (488.1 - 488.31)/
  5. Statute Act 322 of 1978/
  6. § 488.23
Michigan Legal Code

§ 488.23

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488.23 Restraining trade or engaging in anticompetitive practices. Sec. 23. A person providing services of a funds transfer facility and a financial institution using a funds transfer facility shall not contract, combine, conspire, or otherwise attempt to restrain trade in a market for services of funds transfer facilities or engage in anticompetitive practices to the detriment of the public interest. History: 1978, Act 322, Eff. Jan. 1, 1979