HB5546 — Financial institutions: payday lending; deferred presentment services transactions act; revise internal references related to money transmission services. Amends sec. 2 of 2005 PA 244 (MCL 487.2122). TIE BAR WITH: HB 5544'26

HB5546 — Financial institutions: payday lending; deferred presentment services transactions act; revise internal references related to money transmission services. Amends sec. 2 of 2005 PA 244 (MCL 487.2122). TIE BAR WITH: HB 5544'26 · Informed CitizenryThis bill amends section 2 of the Deferred Presentment Service Transactions Act (MCL 487.2122) by defining several terms related to deferred presentment service transactions. Key definitions includ…Open in Informed Citizenry