Michigan Compiled Laws Complete Through PA 5 of 2025
MCL Complete Through PA 5 of 2025
Senate adjourned until Tuesday, August 26, 2025 10:00 AM
Senate adjourned until 08/26/25 10:00 AM
House adjourned until Tuesday, August 19, 2025 1:30 PM
House adjourned until 08/19/25 1:30 PM
Document - Section 38.1140
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Section 38.1140
Investment in secured loans; real property not considered encumbered; investment in part of obligation or participation interest in loan or group of loans; investment in real estate loan; investment in loan or loans or certificate of participation secured by loan or loans made on single family residential property; investment in certificates representing interest in mortgages or group of mortgages; limitations and restrictions; investment in second mortgage; investment with variable interest rate.