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Code · Michigan · Chapter 492 — Installment Sales of Motor Vehicles

492.33 Applicability; exceptions.

99 words·~1 min read·/mi/chapter-492/492-33

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492.33 Applicability; exceptions.
Sec. 13.
(1)This act does not apply to any of the following:
(a)An insurance policy offered by an insurer under the insurance code of 1956, 1956 PA 218, MCL 500.100 to 500.8302.
(b)An offer of a debt cancellation or debt suspension contract that complies with 12 CFR part 37, 12 CFR part 721, or other federal law.
(2)Section 5(1)(d) does not apply to a guaranteed asset protection waiver offered in connection with a lease or retail installment sale associated with a commercial transaction.
History: 2009, Act 229 , Eff. July 7, 2010
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