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Bill Mar 31, 2026

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).

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).

https://legiscan.com/MI/bill/HB5552/2025
Bill data from LegiScan, used under CC BY 4.0.
Mark Tisdel State Representative Tyrone Carter State Representative Cosponsor Tom Kuhn State Representative Cosponsor Brenda Carter State Representative Cosponsor
Consumer credit: interest rates Property: mortgages Financial institutions: mortgage brokers and lenders
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