SB837 — 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: SB 0835'26

SB837 — 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: SB 0835'26 · Informed CitizenryThis bill amends the Deferred Presentment Service Transactions Act (2005 PA 244) by revising definitions within the act. Specifically, it updates the definitions of terms such as 'Applicant,' 'Chec…Open in Informed Citizenry