Michigan Compiled Laws
Chapter 438 - Money and Interest
Act 52 of 1970 - Exemption of Loans to Business Entities From Usury Statute (438.61 - 438.61)

Section 438.61 - “Business Entity” and “Related Entity” Defined; Extension of Credit to Business Entity; Agreement in Writing to Rate of Interest. - Sec. 1. (1) As used in this act: (a) "Business...