Sec. 13.
The commissioner may promulgate rules pursuant to the administrative procedures act of 1969, Act No. 306 of the Public Acts of 1969, being sections 24.201 to 24.315 of the Michigan Compiled Laws, as necessary for the administration and enforcement of this act.
History: 1984, Act 379, Imd. Eff. Dec. 28, 1984 Compiler's Notes: For transfer of authority, powers, duties, functions, and responsibility of the financial institutions bureau and the commissioner of the financial institutions bureau to the commissioner of the office of financial and insurance services and the office of financial and insurance services by type III transfer, see E.R.O. No. 2000-2, compiled at MCL 445.2003 of the Michigan compiled laws.
Structure Michigan Compiled Laws
Chapter 493 - Regulatory Loans
Act 379 of 1984 - Credit Card Arrangements (493.101 - 493.114)
Section 493.101 - Definitions.
Section 493.102 - Credit Card Arrangement; License Required; Terms and Conditions.
Section 493.105 - Duties of Commissioner Upon Refusal to Issue License.
Section 493.111 - Truth in Lending Act; Disclosures, Information, and Notices; Applicability.
Section 493.114 - Exemptions; Credit Card or Charge Card Issued Prior to Effective Date of Act.