Michigan House Bill 5552: Consumer credit: interest rates; prepayment penalties on certain mortgage loans made for business purposes; allow. Amends sec. 1c of 1966 PA 326 (MCL 438.31c).

Michigan · 2025-2026 Regular Session

What it does

Consumer credit: interest rates; prepayment penalties on certain mortgage loans made for business purposes; allow. Amends sec. 1c of 1966 PA 326 (MCL 438.31c).

Latest action

Referred To Committee On Finance, Insurance, And Consumer Protection (2026-06-02)

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