Michigan Compiled Laws § 500.1501a Financial Institutions; Application Of Chapter.

500.1501a Financial institutions; application of chapter.

Sec. 1501a.

Nothing in this chapter shall limit or interfere with any bank, company or association described in subsection (b) of section 1501 as to any business which it is otherwise authorized to conduct, including the financing of insurance premiums. Nothing in this chapter shall prevent any such bank, company or association, if otherwise permitted by law and regulation, from qualifying under this chapter as an insurance premium finance company.

History: Add. 1968, Act 352, Eff. Nov. 15, 1968
Popular Name: Act 218

Section: 500.1501  500.1501a  500.1502  500.1503  500.1504  500.1505  500.1506  500.1507  500.1508  500.1509  500.1510  500.1511  500.1512  500.1513  500.1514  Next

Last modified: October 10, 2016