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10 chapters · 65 sections in this title.
Mich. Comp. Laws § 446.131 Short title.
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Sec. 1. This act shall be known and may be cited as the "refund anticipation loan act".
Mich. Comp. Laws § 446.133 Definitions of certain terms.
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Sec. 3. As used in this act, "facilitator", "lender", "person", and "refund anticipation loan fee" mean those terms as defined in the refund anticipation loan disclosure act.
Mich. Comp. Laws § 446.135 Refund anticipation loan; certain conduct by facilitator prohibited.
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Sec. 5. A facilitator that facilitates or offers to facilitate a refund anticipation loan shall not do any of the following: (a) Require a consumer to enter into a refund anticipation loan arrangement in order to complete a tax return. (b) Misrepresent a material factor or condit…
Mich. Comp. Laws § 446.137 Rescission.
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Sec. 7. A borrower who obtains a refund anticipation loan may rescind the refund anticipation loan, on or before the close of business on the business day following the day the loan is made, by returning the original check issued to the borrower for the loan or paying the amount …