Main Content Act 229 of 2009 friendly link Printer Friendly bills affecting index and updates Search within this Statute for GUARANTEED ASSET PROTECTION WAIVER ACTAct 229 of 2009AN ACT to regulate guaranteed asset protection waivers offered or provided in connection with finance agreements for certain motor vehicles; to provide for the powers and duties of certain state governmental officers and entities; and to provide remedies. History: 2009, Act 229, Eff. July 7, 2010 © 2017 Legislative Council, State of MichiganThe People of the State of Michigan enact: DocumentTypeDescription Section 492.21SectionShort title. Section 492.23SectionDefinitions. Section 492.25SectionOffering, selling, or providing guaranteed asset protection waiver; requirements; contractual liability or other insurance policy. Section 492.27SectionDisclosure; contents. Section 492.29SectionCancellation. Section 492.31SectionCommissioner; enforcement of act; notice and hearing; actions. Section 492.33SectionApplicability; exceptions.