Financial institutions: payday lending; citations to the motor vehicle sales finance act in the deferred presentment service transactions act; revise. Amends sec. 2 of 2005 PA 244 (MCL 487.2122). TIE BAR WITH: SB 0739’25
Key claim: SB0750 revises statutory citations to the Motor Vehicle Sales Finance Act within the Deferred Presentment Service Transactions Act, making a technical correction with no substantive policy change.
Abstract
(SB0750 · 103rd Legislature) Financial institutions: payday lending; citations to the motor vehicle sales finance act in the deferred presentment service transactions act; revise. Amends sec. 2 of 2005 PA 244 (MCL 487.2122). TIE BAR WITH: SB 0739’25 Latest action (2026-06-10): Placed On Order Of Third Reading
Why this matters
SB0750 revises statutory citations to the Motor Vehicle Sales Finance Act within the Deferred Presentment Service Transactions Act, making a technical correction with no substantive policy change.