Mich. Comp. Laws § 487.2051
Short title.
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CONSUMER FINANCIAL SERVICES ACT
Act 161 of 1988
487.2051 Short title.
Sec. 1.
This act shall be known and may be cited as the "consumer financial services act".
History: 1988, Act 161, Eff. Sept. 1, 1988
Compiler's Notes:
For transfer of authority, powers, duties, functions, and responsibility of the financial institutions bureau and the commissioner of the financial institutions bureau to the commissioner of the office of financial and insurance services and the office of financial and insurance services by type III transfer, see E.R.O. No. 2000-2, compiled at MCL 445.2003 of the Michigan compiled laws.
Notes of Decisions
Cited in 2
cases, 2000–2003 · leading case: Nelson v. Associates Financial Services Co. of Indiana, Inc.
Nelson v. Associates Financial Services Co. of Indiana, Inc. (2003)
“, and the Consumer Financial Services Act, MCL 487.2051 et seq., and that defendant’s prepayment penalty charge violates these acts.”
Nelson v. Associates Financial Services Co. of Indiana, Inc. (2000)
“§ 487.2051 et seq.; and the Michigan Consumer Protection Act, M.”
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