SB344 — Consumer protection: retail installment sales; retail installment sales act; revise reference to the guaranteed asset protection waiver act. Amends sec. 3 of 1966 PA 224 (MCL 445.853). TIE BAR WITH: SB 0343'23

SB344 — Consumer protection: retail installment sales; retail installment sales act; revise reference to the guaranteed asset protection waiver act. Amends sec. 3 of 1966 PA 224 (MCL 445.853). TIE BAR WITH: SB 0343'23 · Informed CitizenryThis bill amends the Retail Installment Sales Act (MCL 445.853) to update requirements for retail installment contracts. The contract must be in writing, dated, and signed by the buyer or their aut…Open in Informed Citizenry