Michigan Compiled Laws
Chapter 438 - Money and Interest
Act 140 of 1861 - Interest on Contracts Between Citizens of Michigan and Other States (438.151 - 438.154)

Section 438.151 - Interest Rate; Obligations Payable Out of State. - Sec. 1. That it shall be lawful for any person...

Section 438.152 - Interest Valid in This State; Defense of Usury Not Available. - Sec. 2. No plea of usury, nor defense founded upon...

Section 438.153 - Interest Valid in This State; Lawful to Take, Reserve, or Discount. - Sec. 3. It shall be lawful for all parties loaning...

Section 438.154 - Contract Made in State or With Citizen of State; Principal and Interest Payable Out of State; Governing Law. - Sec. 4. When any contract or loan shall be made...