state_legiscan_drain · MI
Consumer protection: retail installment sales; citations to the motor vehicle sales finance act in the retail installment sales act; revise. Amends secs. 1a, 3, 5, 6 & 11 of 1966 PA 224 (MCL 445.851a et seq.). TIE BAR WITH: SB 0739'25
December 16, 2025
Summary
If enacted, this bill would make technical corrections to the Retail Installment Sales Act by updating cross-references to the Motor Vehicle Sales Finance Act. It does not alter substantive compliance obligations for lenders or dealers.
AI-generated summary · Jun 14, 2026. Verify with your compliance counsel before acting.
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Source: https://legislature.mi.gov/Bills/Bill?ObjectName=2025-SB-0747
Common questions
- What does "Consumer protection: retail installment sales; citations to the motor vehicle sales finance act in the retail installment sales act; revise. Amends secs. 1a, 3, 5, 6 & 11 of 1966 PA 224 (MCL 445.851a et seq.). TIE BAR WITH: SB 0739'25" cover?
- If enacted, this bill would make technical corrections to the Retail Installment Sales Act by updating cross-references to the Motor Vehicle Sales Finance…
- When was it published?
- It was published on December 16, 2025.
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