™Your Policy Risk Impact Agent
115 chapters · 772 sections in this title.
Mich. Comp. Laws § 445.1679 Prohibited conduct; misdemeanor; penalty; violation of act or rules; civil fine; suspension or revocation of license or registration; refusal to issue or renew license or registration; restitution; proceedings subject to MCL 24.201 to 24.328; bona fide error.
7.5K chars
Sec. 29. (1) An owner, partner, member, officer, director, trustee, employee, agent, broker, or other person, or a representative acting on the authority of that person that willfully or intentionally does any of the following is guilty of a misdemeanor punishable by a fine of no…
Mich. Comp. Laws § 445.1680 Effect of noncompliance on validity or enforceability of mortgage loan.
0.3K chars
Sec. 30. Failure to comply with the provisions of this act shall not affect the validity or enforceability of any mortgage loan, unless the mortgage loan is invalid or unenforceable under the provisions of any other laws of this state or under any federal law.
Mich. Comp. Laws § 445.1681 Action to obtain declaratory judgment, injunction, or actual damages; limitation.
0.9K chars
Sec. 31. (1) Whether or not a person seeks damages or has an adequate remedy at law, any person, prosecutor, or the attorney general may bring an action, including a class action, to do any of the following: (a) Obtain a declaratory judgment that a method, act, or practice is a v…
Mich. Comp. Laws § 445.1682 Conservatorship.
2.7K chars
Sec. 32. (1) Notwithstanding the provisions of section 19, if the commissioner determines that a licensee or registrant is, intentionally or as a result of gross or wanton negligence, not servicing mortgage loans in accordance with the terms of this act or the terms of the servic…