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95th Legislature Regular Session  
Michigan Compiled Laws Complete Through PA 242 of 2009  
House: Adjourned until Wednesday, February 10, 2010 1:30:00 PM  
Senate: Adjourned until Wednesday, February 10, 2010 10:00:00 AM  
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Section 445.1643

CONSUMER MORTGAGE PROTECTION ACT (EXCERPT)
Act 660 of 2002


445.1643 Model programs for financial education.

Sec. 13.

(1) No later than December 31, 2003, the office of financial and insurance services shall develop and make available to local units of government, financial institutions, and other interested persons 1 or more model programs for financial education.

(2) The program required under this section shall be designed to teach personal financial management skills and the basic principles involved with saving, borrowing, investing, and protection against predatory and other fraudulent lending practices.


History: 2002, Act 660, Imd. Eff. Dec. 23, 2002


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