Regulatory Loan Act
Index
- MCL 493.1 Short Title; Definitions
- MCL 493.1a [Repealed]
- MCL 493.2 Business of Making Loans; License Required; Application For License; Oath; Form and Contents; Fees; Proof of Net Worth
- MCL 493.3 Licenses; Bond of Applicant; Approval; Conditions
- MCL 493.4 Investigation; Findings; Issuance Or Denial of License; Notice; Transcript of Decision and Findings
- MCL 493.5 Licenses; Contents; Posting; Transfer; Assignment
- MCL 493.6 Net Worth; Additional Bond; Filing
- MCL 493.7 Changing Name Or Place of Business; Procedure; Activities At More Than 1 Place of Business; Ceasing to Engage In Activities Subject to Act
- MCL 493.8 Annual Establishment of Fees Schedule; Bond; Action For Recovery of Fees Or Penalties; Fees Nonrefundable; Report; Disposition and Use of Money Received
- MCL 493.9 Revocation, Suspension, Or Surrender of License; Reinstatement Or Issuance of New License; Transcript of Order
- MCL 493.9a Cease and Desist Order; Grounds; Notice; Failure to Appear At Hearing; Findings; Effective Date and Duration of Order
- MCL 493.9b Investigation Or Examination By Commissioner; Complaint Or Action; Suspension of License; Request For Hearing; Duration of Suspension
- MCL 493.9c Fraud
- MCL 493.9d Hearing; Decision; Findings; Judicial Review; Stay
- MCL 493.9e Enforcement of Order; Jurisdiction
- MCL 493.9f Violation As Misdemeanor; Penalty
- MCL 493.9g Violation of Order; Exceptions
- MCL 493.10 Commissioner of State Banking Department; Authority to Investigate Business and Examine Records; Witnesses; Examination of Licensee; Construction of Section; Disposition of Fees
- MCL 493.11 Books, Accounts, and Records of Licensee; Preservation and Accessibility; Filing Financial Statement With Commissioner; Reports
- MCL 493.12 Statements Or Representations By Licensee; Lien On Real Estate; Confession of Judgment Or Power of Attorney Prohibited; Note Or Evidence of Indebtedness; Blanks; Discrimination On Basis of Sex Or Marital Status Prohibited; Knowingly Permitting Person to Violate Order; Fee; Conditions
- MCL 493.12a False, Misleading, Deceptive, Or Irresponsible Advertising Unlawful; Definition; Requirements For Advertising
- MCL 493.12b [Repealed]
- MCL 493.12c False, Misleading, Deceptive, Or Irresponsible Advertising; Report to Attorney General; Action to Restrain By Temporary Or Permanent Injunction; Costs; Civil Penalty; Notice to Licensee; Assurance of Discontinuance; Violation Subject to Civil Penalty; Jurisdiction, Continuance of Cause, and Petition For Recovery of Civil Penalty; Effect of Action Or Failure to Act By Commissioner
- MCL 493.12d Action to Enjoin Licensee From Advertising; Circuit Court
- MCL 493.13 Limitation On Amount of Loan and Interest Charge; Obligation Under More Than 1 Loan Contract; Computation and Payment of Charges; Loan Processing Fee; Fees; Amount Other Than Or In Excess of Charges Permitted By Act; Penalties; "Open-End Credit" Defined
- MCL 493.13a Credit Life Insurance; Other Insurance
- MCL 493.14 Licensee; Duties
- MCL 493.14a Compliance With Federal Consumer Credit Protection Act
- MCL 493.15 Contract In Compliance With Retail Installment Sales Act Or Home Improvement Finance Act
- MCL 493.15a Regulatory Loan Contract; Nonperformance By Borrower; Advances By Licensee; Termination of Insurance Upon Reinstatement of Contractual Duties By Borrower
- MCL 493.16 [Repealed]
- MCL 493.17 Assignment Or Order For Payment of Compensation to Secure Loan Invalid; Validity of Chattel Mortgage Or Lien On Household Goods; Married Borrower; Signatures; Written Assent of Spouse
- MCL 493.18 Unlicensed Persons; Limitation On Interest, Discount, Or Consideration; Applicability of Act to Loans Made In Another State Or Country
- MCL 493.19 Violation As Misdemeanor; Penalty
- MCL 493.20 Businesses Exempt From Act
- MCL 493.21 Enforcement of Act; Rules
- MCL 493.22 Amendments Or Repeals of Act; Impairment of Obligation
- MCL 493.23 [Repealed]
- MCL 493.24 Review of Decisions and Regulations; Limitations; Method; Jurisdiction of Courts
- MCL 493.25 [Repealed]
- MCL 493.26 [Repealed]