HB6195 — Financial institutions: mortgage brokers and lenders; consolidation of certain licensing statutes related to residential mortgages; make conforming changes in the banking code of 1999. Amends sec. 1106 of 1999 PA 276 (MCL 487.11106). TIE BAR WITH: HB 6177'26

HB6195 — Financial institutions: mortgage brokers and lenders; consolidation of certain licensing statutes related to residential mortgages; make conforming changes in the banking code of 1999. Amends sec. 1106 of 1999 PA 276 (MCL 487.11106). TIE BAR WITH: HB 6177'26 · Informed CitizenryThis bill amends the Banking Code of 1999 to clarify the use of terms like "bank," "banker," and "banking" in business names. It specifies that these terms are restricted to specific types of banki…Open in Informed Citizenry