{"data":{"id":"us-mi/mich.-comp.-laws-445.1858","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 445.1858","heading":"Certain provisions in written agreement as void and unenforceable.","body":"Sec. 8.\n\nAny of the following provisions contained in a written document made in connection with an extension of credit to an individual for personal, family, or household purposes are void and unenforceable:\n\nA power of attorney to confess a judgment.\n\nUnless otherwise expressly provided for by law, a waiver of a borrower's or buyer's rights under this act.\n\nExcept as authorized by this act, an agreement by a borrower or buyer to pay a penalty. Late payment and prepayment charges are not penalties.","path":["MI Code","Chapter 445","Act Act-162-of-1995"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-445-1858","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"0ddef9e993971f93151ea6527d84f7bf79d726259a753cf3d47f064e4c911349","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-445.1857","next":"us-mi/mich.-comp.-laws-445.1859"},"notice":"GroundRules: Original legal text. Not legal advice."}