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Form a Business

Refund anticipation loan; certain conduct by facilitator prohibited.

MCL 446.135
in effect
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446.135. Refund anticipation loan; certain conduct by facilitator prohibited. Sec. 5. A facilitator that facilitates or offers to facilitate a refund anticipation loan shall not do any of the following: (a) Require a consumer to enter into a refund anticipation loan arrangement in order to complete a tax return. (b) Misrepresent a material factor or condition of granting a refund anticipation loan. (c) Fail to process the application for a refund anticipation loan after an applicant applies for the refund anticipation loan. (d) Engage in any fraudulent transaction, practice, or course of business with any person in connection with a refund anticipation loan. 2009, Act 67, Imd. Eff. July 9, 2009
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-446-135Fetched: 10/20/2026

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