State Codes and Statutes

Statutes > Michigan > Chapter-445 > Act-332-of-1965 > 332-1965-3 > Section-445-1302

HOME IMPROVEMENT FINANCE ACT (EXCERPT)
Act 332 of 1965

445.1302 Division of transaction prohibited.

Sec. 302.

A contractor shall not induce or permit a buyer to split up or divide any transaction that otherwise would be a home improvement installment sale or home improvement charge sale for the purpose of qualifying for any exclusion under section 102(j), (l), or (m).


History: 1965, Act 332, Eff. Jan. 1, 1966 ;-- Am. 1985, Act 202, Imd. Eff. Dec. 27, 1985

State Codes and Statutes

Statutes > Michigan > Chapter-445 > Act-332-of-1965 > 332-1965-3 > Section-445-1302

HOME IMPROVEMENT FINANCE ACT (EXCERPT)
Act 332 of 1965

445.1302 Division of transaction prohibited.

Sec. 302.

A contractor shall not induce or permit a buyer to split up or divide any transaction that otherwise would be a home improvement installment sale or home improvement charge sale for the purpose of qualifying for any exclusion under section 102(j), (l), or (m).


History: 1965, Act 332, Eff. Jan. 1, 1966 ;-- Am. 1985, Act 202, Imd. Eff. Dec. 27, 1985


State Codes and Statutes

State Codes and Statutes

Statutes > Michigan > Chapter-445 > Act-332-of-1965 > 332-1965-3 > Section-445-1302

HOME IMPROVEMENT FINANCE ACT (EXCERPT)
Act 332 of 1965

445.1302 Division of transaction prohibited.

Sec. 302.

A contractor shall not induce or permit a buyer to split up or divide any transaction that otherwise would be a home improvement installment sale or home improvement charge sale for the purpose of qualifying for any exclusion under section 102(j), (l), or (m).


History: 1965, Act 332, Eff. Jan. 1, 1966 ;-- Am. 1985, Act 202, Imd. Eff. Dec. 27, 1985