Main Content Act 259 of 1968 friendly link printer friendly bills affecting mcl index link Search within this Statute for CRIMINAL USURYAct 259 of 1968AN ACT to define and regulate the practice of criminal usury and to provide a penalty. History: 1968, Act 259, Eff. Nov. 15, 1968 The People of the State of Michigan enact: DocumentTypeDescription Section 438.41SectionCriminal usury; definition; penalty. Section 438.42SectionUsurious loan records; possession, penalty.