HOUSE BILL No. 6122


     May 23, 2002, Introduced by Reps. Bishop, Bisbee and Middaugh and referred to the Committee on Commerce.


        A bill to amend 1987 PA 173, entitled

   "Mortgage brokers, lenders, and servicers licensing act,"

   (MCL 445.1651 to 445.1684) by adding section 24a.

               THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

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             SEC. 24A.  A LICENSEE IS SUBJECT TO AND SHALL COMPLY WITH

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        ALL OF THE REQUIREMENTS OF THE CONSUMER MORTGAGE PROTECTION ACT.

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             Enacting section 1.  This amendatory act does not take

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        effect unless Senate Bill No. _____ or House Bill No. 6121

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        (request no. 07254'02 f*) of the 91st Legislature is enacted into

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        law.












   07254'02 d          Final page.                          SAT