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Code · Michigan · Chapter 445 — Trade and Commerce

445.1407 Cash loans.

65 words·~1 min read·/mi/chapter-445/445-1407

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445.1407 Cash loans.
Sec. 407.
A cash loan shall not directly or indirectly be included in or combined or consolidated with any home improvement installment contract, home improvement charge sale, or home improvement charge agreement, or with any extension, deferment, refinancing, add-on, or consolidation agreement pertaining thereto.
History: 1965, Act 332, Eff. Jan. 1, 1966 ;-- Am. 1985, Act 202, Imd. Eff. Dec. 27, 1985
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