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Mich. Comp. Laws § 445.1853

Scope of act.

Michigan · Michigan Compiled Laws — CREDIT REFORM ACT (Act 162 of 1995) · Status: effective

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Mich. Comp. Laws § 445.1853, Scope of act, Michigan, version 1 as recorded 2026-08-18, yourstate.us, https://yourstate.us/provision/1363075
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This act does not authorize a regulated lender to make an extension of credit of a type that is not permitted by the act under which the regulated lender is chartered, organized, licensed, regulated, or otherwise authorized to extend credit.