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Michigan Compiled Laws, Chapter 493. Regulatory Loans § 493.102

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

Sec. 2. (1) Except for a person licensed under the consumer financial services act, a person shall not make or negotiate, or offer to make or negotiate, a credit card arrangement unless that person is licensed as provided in this act.

(2) A licensee shall not make or offer to make a credit card arrangement except on the terms and conditions authorized by this act and the rules promulgated under this act.

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Cite this article: FindLaw.com - Michigan Compiled Laws, Chapter 493. Regulatory Loans § 493.102 - last updated January 01, 2025 | https://codes.findlaw.com/mi/chapter-493-regulatory-loans/mi-comp-laws-493-102/

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