State Codes and Statutes

Statutes > Michigan > Chapter-487 > Act-244-of-2005 > 244-2005-2 > Section-487-2135

DEFERRED PRESENTMENT SERVICE TRANSACTIONS ACT (EXCERPT)
Act 244 of 2005

487.2135 Issuance of license upon investigation that requirements satisfied; posting copy of license.

Sec. 15.

(1) After the commissioner receives a completed license application, the commissioner shall investigate to determine whether the requirements of this act are satisfied. If the commissioner finds that the requirements of this act are satisfied, the commissioner shall issue to the applicant a license to engage in deferred presentment service transactions.

(2) A licensee shall post a copy of its license in a conspicuous location at the place of business of the licensee.


History: 2005, Act 244, Imd. Eff. Nov. 28, 2005

State Codes and Statutes

Statutes > Michigan > Chapter-487 > Act-244-of-2005 > 244-2005-2 > Section-487-2135

DEFERRED PRESENTMENT SERVICE TRANSACTIONS ACT (EXCERPT)
Act 244 of 2005

487.2135 Issuance of license upon investigation that requirements satisfied; posting copy of license.

Sec. 15.

(1) After the commissioner receives a completed license application, the commissioner shall investigate to determine whether the requirements of this act are satisfied. If the commissioner finds that the requirements of this act are satisfied, the commissioner shall issue to the applicant a license to engage in deferred presentment service transactions.

(2) A licensee shall post a copy of its license in a conspicuous location at the place of business of the licensee.


History: 2005, Act 244, Imd. Eff. Nov. 28, 2005


State Codes and Statutes

State Codes and Statutes

Statutes > Michigan > Chapter-487 > Act-244-of-2005 > 244-2005-2 > Section-487-2135

DEFERRED PRESENTMENT SERVICE TRANSACTIONS ACT (EXCERPT)
Act 244 of 2005

487.2135 Issuance of license upon investigation that requirements satisfied; posting copy of license.

Sec. 15.

(1) After the commissioner receives a completed license application, the commissioner shall investigate to determine whether the requirements of this act are satisfied. If the commissioner finds that the requirements of this act are satisfied, the commissioner shall issue to the applicant a license to engage in deferred presentment service transactions.

(2) A licensee shall post a copy of its license in a conspicuous location at the place of business of the licensee.


History: 2005, Act 244, Imd. Eff. Nov. 28, 2005