PocketLaw | Michigan Compiled Laws | 424 of 1984 - Rental-Purchase

424 of 1984 - Rental-Purchase Agreement Act (445.951 - 445.970)

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Section
445.951

Short Title.

Section
445.952

Definitions.

Section
445.953

Rental-Purchase Agreement; Form; Contents; Information Requirements; Separate Form; Disclosure of Additional Information.

Section
445.954

Amount Necessary to Acquire Ownership; Amount Applied Toward Purchase Price.

Section
445.955

Advertising Requirements; Requirements as to Items Displayed or Offered Under Rental-Purchase Agreement.

Section
445.956

Prohibited Provisions in Rental-Purchase Agreement.

Section
445.957

Prohibited Requirements.

Section
445.958

Failure to Make Timely Periodic Payment; Rights of Lessee; Reinstatement; Late or Delivery Fee; Same or Substitute Item Provided on Reinstatement.

Section
445.959

Temporary or Permanent Injunction; Venue; Costs; Civil Penalty; Notice of Intended Action; Opportunity to Cease and Desist or to Confer With Attorney General; Notice of Alleged Violation; Civil Penalty for Knowing Violation.

Section
445.960

Assurance of Discontinuance.

Section
445.961

Subpoena; Service and Contents of Notice; Extension of Reporting Date; Modification or Setting Aside of Notice and Subpoena; Confidentiality; Disclosures; Disclosure as Misdemeanor; Penalty.

Section
445.962

Compliance With Terms of Notice; Prohibited Conduct; Civil Penalty; Petition for Order to Enforce Compliance; Violation of Final Order as Civil Contempt; Enjoining Person From Doing Business in State.

Section
445.963

Class Action for Actual Damages; Order; Appointment of Receiver; Sequestration of Assets; Cost of Notice; Effect of Bona Fide Error; Limitations.

Section
445.964

Action for Declaratory Judgment or Injunction; Action for Actual Damages and Attorneys' Fees; Class Action for Actual Damages; Order; Appointment of Receiver; Sequestration of Assets; Cost of Notice to Class; Effect of Bona Fide Effort; Limitations; Defense or Counterclaim.

Section
445.965

Mailing Copy of Complaint, Judgment, Decree, or Order to Attorney General.

Section
445.966

Payment of Filing Fees.

Section
445.967

Aid and Assistance of Law Enforcement Officer.

Section
445.968

Investigation and Prosecution by Prosecuting Attorney.

Section
445.969

Other Causes of Action Not Affected; Inconsistent Ordinance or Regulation Prohibited.

Section
445.970

Example of Form Satisfying Requirements of Act.