HOUSE BILL No. 6126


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


        A bill to amend 1981 PA 125, entitled

   "The secondary mortgage loan act,"

   (MCL 493.51 to 493.81) 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 e          Final page.                          SAT