Michigan Compiled Laws § 432.211 Collection Of Amounts Under Credit Agreements.


432.211 Collection of amounts under credit agreements.

Sec. 11.

Notwithstanding any applicable statutory provision to the contrary, a licensed owner who extends credit to a wagerer pursuant to this act is authorized to institute a cause of action to collect any amounts due as well as the owner's costs, expenses, and reasonable attorney's fees incurred in collection.


History: 1996, Initiated Law 1, Eff. Dec. 5, 1996 ;-- Am. 1997, Act 69, Imd. Eff. July 17, 1997
Popular Name: Proposal E


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Last modified: October 10, 2016