§ 750.376aLoan promotion raffle or savings promotion raffle; inapplicability of chapter

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Sec. 376a.
    This chapter does not apply to a loan promotion raffle or savings promotion raffle
 conducted by a domestic credit union under section 411 of the credit union act, 2003 PA 215,
 MCL 490.411, to a loan promotion raffle or savings promotion raffle conducted by a state
 bank under section 4111 of the banking code of 1999, 1999 PA 276, MCL 487.14111, or to a
 loan promotion raffle or savings promotion raffle conducted by a federally chartered credit
 union, a national bank, or a federally chartered savings and loan association that is conducted
 in the same manner as a loan promotion raffle or savings promotion raffle conducted by a
 domestic credit union under section 411 of the credit union act, 2003 PA 215, MCL 490.411.

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