Michigan HB 5389: Financial institutions; payday lending; legislative report requirement concerning deferred presentment service providers and transactions; revise. Amends sec. 51 of 2005 PA 244 (MCL 487.2171).

Status: bill electronically reproduced 01/10/2018 (as of 2018-01-11)

State: Michigan · Session: 2017-2018 · Bill: HB 5389

Subjects: Financial institutions: payday lending, Consumer credit: lending practices, Consumer credit: collection practices, Legislature: reports, State agencies (existing): insurance and financial services

Sponsors: 8, Brian Elder, David LaGrand, Erika Geiss, John Chirkun, LaTanya Garrett, Patrick Green, Robert Wittenberg, Ronnie Peterson, Rose Mary Robinson, Scott VanSingel, Sheldon Neeley, Sherry Gay-Dagnogo, Stephanie Chang, Tenisha Yancey, Tom Barrett

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