MCL - Index of Act 52 of 1970
NOTE: Dates reflect any modification to item, not necessarily a change in law.
Title | Subject |
---|---|
Act 52 of 1970 | EXEMPTION OF LOANS TO BUSINESS ENTITIES FROM USURY STATUTE (438.61 - 438.61) |
Section 438.61 | “Business entity” and “related entity” defined; extension of credit to business entity; agreement in writing to rate of interest. |