Mich. Comp. Laws § 445.860

Current through Public Act 57 of the 2024 Legislative Session
Section 445.860 - Retail installment contracts; statement of dates, payments and unpaid balances; receipt

Upon written request of the buyer, the holder of a retail installment contract shall give or forward to the buyer a written statement of the dates and amounts of payments and the total amount unpaid under the contract. A buyer shall be given a written receipt for any payment when made in cash. The statement or receipt shall be given the buyer once without charge; if any additional statement is requested by the buyer, it shall be supplied by the holder at a charge not in excess of $1.00 for each additional statement or receipt so supplied.

MCL 445.860

1966, Act 224, Eff. 3/10/1967 .