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Michigan Compiled Laws, Chapter 446. Business Regulation § 446.135

Current as of January 01, 2025 | Updated by Findlaw Staff

Sec. 5. A facilitator that facilitates or offers to facilitate a refund anticipation loan shall not do any of the following:

(a) Require a consumer to enter into a refund anticipation loan arrangement in order to complete a tax return.

(b) Misrepresent a material factor or condition of granting a refund anticipation loan.

(c) Fail to process the application for a refund anticipation loan after an applicant applies for the refund anticipation loan.

(d) Engage in any fraudulent transaction, practice, or course of business with any person in connection with a refund anticipation loan.

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Cite this article: FindLaw.com - Michigan Compiled Laws, Chapter 446. Business Regulation § 446.135 - last updated January 01, 2025 | https://codes.findlaw.com/mi/chapter-446-business-regulation/mi-comp-laws-446-135/

FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.

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