February 17, 2005, Introduced by Reps. Phillips, Tobocman, Gonzales, Farrah, McConico, Murphy and Hunter and referred to the Committee on Banking and Financial Services.
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:
Sec. 24a. A licensee is subject to and shall comply with all
of the requirements of the home loan protection act, 2002 PA 660,
MCL 445.1631 to 445.1645.
Enacting section 1. This amendatory act does not take effect
unless Senate Bill No.____ or House Bill No. 4343(request no.
01449'05) of the 93rd Legislature is enacted into law.