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Michigan Compiled Laws Act 169 Of 1990 Lease Contracts For Motor Vehicles (445.991 - 445.995)
AN ACT to require the inclusion of certain statements in lease contracts involving motor vehicles; and to provide remedies and penalties.
History:
1990, Act 169, Eff. Jan. 1, 1991
Section 445.991 Definitions.
As used in this act: (a) “Lease contract” means a contract for the lease of a motor vehicle by a natural person for a...
Section 445.992 Lease Contract For Motor Vehicle; Statement Required; Signature Or Initials Of Lessee.
(1) A lease contract for a motor vehicle shall have a statement in a separate paragraph in the lease contract or on a separate...
Section 445.993 Failure Of Lessor To Provide Notice Or Obtain Lessee's Signature Or Initials; Civil Action; Damages; Attorney's Fees; Limitation.
(1) If a lessor fails to provide the notice required by this act or fails to obtain the lessee's signature or initials in the...
Section 445.994 Refusal To Sign Lease Contract.
If a lessee does not agree to sign a lease contract in the space provided adjacent to the notice required by this act, the...
Section 445.995 Effective Date.
This act shall take effect January 1, 1991. History: 1990, Act 169, Eff. Jan. 1, 1991
Last modified: October 10, 2016