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

Mich. Comp. Laws § 487.14201: Loans and credit extensions; interest and charges.

Where this section sits in the code

MI Code
Chapter 487
Act Act-276-of-1999

Sec. 4201.

A bank may collect interest and charges on loans and extensions of credit as permitted by the laws of this state or of the United States to any person.

A bank may charge a discount on obligations purchased by the bank.

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

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