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CREDIT SERVICES PROTECTION ACT (EXCERPT)
Act 160 of 1994
445.1825 Violation as misdemeanor; penalty; separate offense; recovery of fees or other charges.
(1) A person who violates this act is guilty of a misdemeanor punishable by imprisonment for not more than 90 days, or a fine of not more than $1,000.00, or both. Each transaction in violation of this act constitutes a separate offense.
(2) A credit services organization that violates this act is barred from recovering any fees or other charges from a buyer.
History: 1994, Act 160, Imd. Eff. June 13, 1994
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