Michigan Compiled Laws

Mich. Comp. Laws § 487.2121 (2026)

Short title.

✓ current as of July 2026

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DEFERRED PRESENTMENT SERVICE TRANSACTIONS ACT

Act 244 of 2005

487.2121 Short title.

Sec. 1.

This act shall be known and may be cited as the "deferred presentment service transactions act".

History: 2005, Act 244, Imd. Eff. Nov. 28, 2005

Notes of Decisions

Cited in 2 cases, 2010–2010 · leading case: Michigan Deferred Presentment Servs. Ass'n v. Comm'r of Off. of Fin. & Ins. Reg., 788 N.W.2d 842 (Mich. Ct. App. 2010).

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Michigan Deferred Presentment Servs. Ass'n v. Comm'r of Off. of Fin. & Ins. Reg., 788 N.W.2d 842 (Mich. Ct. App. 2010). · cites it 2× “Plaintiff is an association of companies licensed under the Deferred Presentment Service Transactions Act (DPSTA), MCL 487.2121 et seq., which is a statute that regulates the business of payday lending and of other businesses that provide short-term advancements of money to…”

Mdpsa v. Fin. & Ins. Com'r, 788 N.W.2d 842 (Mich. Ct. App. 2010). · cites it 2× “Plaintiff is an association of companies licensed under the Deferred Presentment Service Transactions Act (DPSTA), MCL 487.2121 et seq., which is a statute that regulates the business of payday lending and of other businesses that provide short-term advancements of money to…”

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