yourstate.us
Home / Michigan / HOME IMPROVEMENT FINANCE ACT
Mich. Comp. Laws § 445.1403

Payment in full; acknowledgment, release of collateral.

Michigan · Michigan Compiled Laws — HOME IMPROVEMENT FINANCE ACT (Act 332 of 1965) · Status: effective

Get this as JSONEmbed this
Cite this
Citation
Mich. Comp. Laws § 445.1403, Payment in full; acknowledgment, release of collateral, Michigan, version 1 as recorded 2026-08-18, yourstate.us, https://yourstate.us/provision/1362857
Permanent ID
ys:prov:1362857@1
SHA-256
c4ff277caabadb67a703e2b53e0c5f77a546c7f2400104a3705e7d7928de44cd

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

After the payment of all sums for which the buyer is obligated under a home improvement installment contract and upon demand made by the buyer, the holder shall deliver, or mail to the buyer at his last known address, such 1 or more good and sufficient instruments as may be necessary to acknowledge payment in full and to release all collateral.