Michigan Compiled Laws
Chapter 438 - Money and Interest
Act 326 of 1966 - Interest Rates (438.31 - 438.33)

Section 438.31 - Legal Interest Rate; Scope; Limitation; Construction; Foreign Obligations. - Sec. 1. The interest of money shall be at the...

Section 438.31a - Payment of Reasonable and Necessary Charges in Addition to Interest; Exceptions. - Sec. 1a. A state or national bank, except as federal...

Section 438.31b - Loan Settlement Statement. - Sec. 1b. A state or national bank, insurance company, or...

Section 438.31c - Interest Charged by Securities Broker or Dealer for Carrying Debit Balance in Customer Account; Written Agreement for Payment of Interest on Evidence of Indebtedness; Prohibitions When Security Is Single-Family Dwelling Unit; Validi... - Sec. 1c. (1) Interest charged by a broker or dealer...

Section 438.31d - Waiver of Defense of Usury by Nonprofit Corporation. - Sec. 1d. Notwithstanding the provisions of section 78 of Act...

Section 438.32 - Violation of Act; Attorney Fees and Court Costs, Recovery. - Sec. 2. Any seller or lender or his assigns who...

Section 438.33 - Repeal. - Sec. 3. Act No. 156 of the Public Acts of...