Mich. Comp. Laws § 446.117

Current through Public Act 149 of the 2024 Legislative Session

Section 446.117 - Information to be disclosed before entering agreement

Before entering into a refund anticipation loan agreement, the facilitator shall clearly disclose both of the following to the taxpayer:

(a) The estimated total fees for the refund anticipation loan.

(b) The estimated annual percentage rate for the refund anticipation loan.

MCL 446.117

Added by 2009, Act 66,s 4, eff. 7/9/2009.