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Michigan · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Mich. Comp. Laws § 257.1257: Accounts, books, and records.

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Where this section sits in the code
  1. MI Code
  2. Chapter 257
  3. Act Act-263-of-2005

Sec. 17.

(1) A vehicle protection product warrantor shall keep accurate accounts, books, and records concerning transactions regulated under this act.

(2) A vehicle protection product warrantor's accounts, books, and records shall include all of the following:

(a) Copies of all vehicle protection product warranties.

(b) The name and address of each warranty holder.

(c) The dates, amounts, and descriptions of all receipts, claims, and expenditures.

(3) A vehicle protection product warrantor shall retain all required accounts, books, and records pertaining to each warranty holder for at least 2 years after the specified period of coverage has expired. A warrantor discontinuing business in this state shall maintain its records until it furnishes the department satisfactory proof that it has discharged all obligations to warranty holders in this state.

(4) A vehicle protection product warrantor shall make its accounts, books, and records concerning transactions regulated under this act available to the department for the purpose of examination.

Collected 2026-09-14T18:32:31Z. Source file · JSON

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