MCL - Index of Act 148 of 1975
NOTE: Dates reflect any modification to item, not necessarily a change in law.
| Title | Subject |
|---|---|
| Act 148 of 1975 | DEBT MANAGEMENT ACT (451.411 - 451.437) |
| Section 451.411 | Short title. |
| Section 451.412 | Definitions. |
| Section 451.413 | Business of debt management as financial planning service requiring license; exception. |
| Section 451.414 | License required; contract made by unlicensed person void; persons eligible for exemption. |
| Section 451.415 | License; application; filing requirements; expiration and renewal of license; books and records; financial statement; licensee with board of directors or equivalent. |
| Section 451.416 | License; investigation; grounds for issuance or nonissuance; evidence of certification as certified counselor. |
| Section 451.417 | Applicability of examination provisions. |
| Section 451.418 | License renewal; application; fee; financial statements; failure to pay fee or penalty. |
| Section 451.418a | Fraud; notice of intent to prohibit licensure; hearing; order; judicial review; enforcement; violation of final order as misdemeanor; penalty; definitions. |
| Section 451.419 | License; grounds for denial, revocation, suspension, or postponement; notice; proceedings. |
| Section 451.420 | Rules; rights, remedies, and procedures. |
| Section 451.421 | License; applicable provisions. |
| Section 451.422 | Budget analysis. |
| Section 451.423 | Initial fee; consent of creditor; presumption. |
| Section 451.424 | Contract between licensee and debtor; requirements. |
| Section 451.425 | Trust account. |
| Section 451.426 | Duties of licensee. |
| Section 451.427 | Examination of licensee. |
| Section 451.428 | Fee under debt management plan; purchase of credit reports or educational materials and products; charge for cancellation or default; when contract effective; cancellation of contract; excessive charge. |
| Section 451.429 | Prohibited practices. |
| Section 451.430 | Advertisement. |
| Section 451.431 | Assignment of wages. |
| Section 451.432 | Rules; decisions, orders, and rulings; electronic filing. |
| Section 451.433 | Cease and desist order; statement; misdemeanor; powers of department; court order; self-incrimination; injunction or restraining order; criminal proceedings. |
| Section 451.434 | Violations; penalties; jurisdiction; remedies. |
| Section 451.435 | Statute of limitations. |
| Section 451.436 | Disposition of fees. |
| Section 451.437 | Repeal of MCL 451.451 to 451.468. |