PocketLaw | Michigan Compiled Laws | 379 of 1984 - Credit Card

379 of 1984 - Credit Card Arrangements (493.101 - 493.114)

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Section
493.101

Definitions.

Section
493.102

Credit Card Arrangement; License Required; Terms and Conditions.

Section
493.103

Application for License; Oath; Form; Contents; Fees; Net Worth Requirements; Rules.

Section
493.104

Investigation; Finding; Issuance of License; Refusal to Issue License; Expiration of License.

Section
493.105

Duties of Commissioner Upon Refusal to Issue License.

Section
493.106

Suspension, Revocation, or Refusal to Renew License; Notice; Grounds; Surrender of License; Duration of License; Reinstatement or Issuance of New License; Preexisting Lawful Contracts.

Section
493.107

Investigations and Examination of Books, Accounts, Records, and Files; Electronic Data Processing Not Prohibited; Establishment of Annual Fee Schedule; Fees Nonrefundable; Penalty; Disposition and Use of Fees and Expenses; Action for Recovery of Fees or Expenses.

Section
493.108

Subpoena of Witnesses and Evidence; Oaths and Affirmations; Noncompliance; Order; Contempt.

Section
493.109

Books, Accounts, and Records; Maintenance, Preservation, and Availability; Audit; Cost.

Section
493.110

Maximum Interest; Computation; Fee; Offer of Loan or Credit in Connection With Other Accounts, Services, or Similar Agreements; Prohibited Conditions.

Section
493.111

Truth in Lending Act; Disclosures, Information, and Notices; Applicability.

Section
493.112

Wilful and Intentional Violation as Misdemeanor; Conduct Barring Recovery and Entitling Consumer to Attorney Fees and Court Costs; Authorized Actions.

Section
493.113

Rules.

Section
493.114

Exemptions; Credit Card or Charge Card Issued Prior to Effective Date of Act.