STATUTES

STATE STATUTES & CODES

MICHIGAN STATUTES AND CODES

244-2005-2 - ARTICLE 2 (487.2131...487.2142)

Section 487.2131 - Business of providing deferred presentment service transactions; license required; scope of act; application process and timeline; bulletin, order, or rule.
Section 487.2132 - Licensure requirements.
Section 487.2133 - Application; writing; oath; form; information; fee.
Section 487.2134 - License fees; disposition; surety bond.
Section 487.2135 - Issuance of license upon investigation that requirements satisfied; posting copy of license.
Section 487.2136 - Denial of application or failure to act within certain time period; hearing.
Section 487.2137 - License not transferable or assignable; change in control; duties of licensee; request for information or documentation; "control" defined.
Section 487.2138 - Report describing certain event.
Section 487.2139 - Expiration and renewal of license.
Section 487.2140 - Enforcement and implementation of act; issuance of orders and rules; correction of inaccurate information; duties of licensee if database not operational; examination of business, b
Section 487.2141 - Books, accounts, and records; preservation.
Section 487.2142 - Development, implementation, and maintenance of database.

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