Michigan Compiled Laws
Act 424 of 1984 - Rental-Purchase Agreement Act (445.951 - 445.970)
Section 445.963 - Class Action for Actual Damages; Order; Appointment of Receiver; Sequestration of Assets; Cost of Notice; Effect of Bona Fide Error; Limitations.

Sec. 13.
(1) The attorney general may bring a class action on behalf of persons residing in or injured in this state for the actual damages caused by a method, act, or practice in trade or commerce which is prohibited by this act.
(2) On motion of the attorney general and without bond in an action under this section the court may make an appropriate order: to reimburse persons who have suffered damages; to carry out a transaction in accordance with the aggrieved persons' reasonable expectations; to strike or limit the application of unconscionable clauses of contracts to avoid an unconscionable result; or to grant other appropriate relief. The court after a hearing may appoint a receiver or order sequestration of the defendant's assets if it appears to the satisfaction of the court that the defendant threatens or is about to remove, conceal, or dispose of his or her assets to the detriment of members of the class.
(3) If at any stage of the proceedings the court requires that notice be sent to the class, the attorney general may petition the court to require the defendant to bear the cost of the notice. In determining whether to impose the cost on the defendant or the state, the court shall consider the probability that the attorney general will succeed on the merits of the action.
(4) If the defendant shows by a preponderance of the evidence that a violation of this act resulted from a bona fide error notwithstanding the maintenance of procedures reasonably adapted to avoid the error, the amount of recovery shall be limited to actual damages.
(5) An action shall not be brought by the attorney general under this section more than 6 years after the occurrence of the method, act, or practice which is the subject of the action nor more than 1 year after the last payment in a transaction involving the method, act, or practice which is the subject of the action, whichever period of time ends on a later date.
History: 1984, Act 424, Eff. Mar. 29, 1985

Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 445 - Trade and Commerce

Act 424 of 1984 - Rental-Purchase Agreement Act (445.951 - 445.970)

Section 445.951 - Short Title.

Section 445.952 - Definitions.

Section 445.953 - Rental-Purchase Agreement; Form; Contents; Information Requirements; Separate Form; Disclosure of Additional Information.

Section 445.954 - Amount Necessary to Acquire Ownership; Amount Applied Toward Purchase Price.

Section 445.955 - Advertising Requirements; Requirements as to Items Displayed or Offered Under Rental-Purchase Agreement.

Section 445.956 - Prohibited Provisions in Rental-Purchase Agreement.

Section 445.957 - Prohibited Requirements.

Section 445.958 - Failure to Make Timely Periodic Payment; Rights of Lessee; Reinstatement; Late or Delivery Fee; Same or Substitute Item Provided on Reinstatement.

Section 445.959 - Temporary or Permanent Injunction; Venue; Costs; Civil Penalty; Notice of Intended Action; Opportunity to Cease and Desist or to Confer With Attorney General; Notice of Alleged Violation; Civil Penalty for Knowing Violation.

Section 445.960 - Assurance of Discontinuance.

Section 445.961 - Subpoena; Service and Contents of Notice; Extension of Reporting Date; Modification or Setting Aside of Notice and Subpoena; Confidentiality; Disclosures; Disclosure as Misdemeanor; Penalty.

Section 445.962 - Compliance With Terms of Notice; Prohibited Conduct; Civil Penalty; Petition for Order to Enforce Compliance; Violation of Final Order as Civil Contempt; Enjoining Person From Doing Business in State.

Section 445.963 - Class Action for Actual Damages; Order; Appointment of Receiver; Sequestration of Assets; Cost of Notice; Effect of Bona Fide Error; Limitations.

Section 445.964 - Action for Declaratory Judgment or Injunction; Action for Actual Damages and Attorneys' Fees; Class Action for Actual Damages; Order; Appointment of Receiver; Sequestration of Assets; Cost of Notice to Class; Effect of Bona Fide Eff...

Section 445.965 - Mailing Copy of Complaint, Judgment, Decree, or Order to Attorney General.

Section 445.966 - Payment of Filing Fees.

Section 445.967 - Aid and Assistance of Law Enforcement Officer.

Section 445.968 - Investigation and Prosecution by Prosecuting Attorney.

Section 445.969 - Other Causes of Action Not Affected; Inconsistent Ordinance or Regulation Prohibited.

Section 445.970 - Example of Form Satisfying Requirements of Act.