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Michigan
Chapter 438 — Money and Interest
15 entries
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438.31 Legal interest rate; scope; limitation; construction; foreign obligations.
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438.31a Payment of reasonable and necessary charges in addition to interest; exceptions.
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438.31b Loan settlement statement.
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438.31c Interest charged by securities broker or dealer for carrying debit balance in customer account; written agreement for payment of interest on evidence of indebtedn
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438.31d Waiver of defense of usury by nonprofit corporation.
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438.32 Violation of act; attorney fees and court costs, recovery.
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438.33 Repeal.
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438.41 Criminal usury; definition; penalty.
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438.42 Usurious loan records; possession, penalty.
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438.61 “Business entity” and “related entity” defined; extension of credit to business entity; agreement in writing to rate of interest.
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438.101 Interest on due and unpaid interest; rate.
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438.151 Interest rate; obligations payable out of state.
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438.152 Interest valid in this state; defense of usury not available.
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438.153 Interest valid in this state; lawful to take, reserve, or discount.
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438.154 Contract made in state or with citizen of state; principal and interest payable out of state; governing law.