SB750 — Financial institutions: payday lending; citations to the motor vehicle sales finance act in the deferred presentment service transactions act; revise. Amends sec. 2 of 2005 PA 244 (MCL 487.2122). TIE BAR WITH: SB 0739'25

SB750 — Financial institutions: payday lending; citations to the motor vehicle sales finance act in the deferred presentment service transactions act; revise. Amends sec. 2 of 2005 PA 244 (MCL 487.2122). TIE BAR WITH: SB 0739'25 · Informed CitizenryThis bill amends the Deferred Presentment Service Transactions Act (MCL 487.2122) by updating definitions and exclusions related to deferred presentment service transactions. The amendments includ…Open in Informed Citizenry