For AI agents: read the machine-readable documentation index at /llms.txt or the single-file full reference at /llms-full.txt.
Form a Business

Annual statements to mortgagor; exceptions to furnishing.

MCL 565.162
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
565.162. Annual statements to mortgagor; exceptions to furnishing. Sec. 2. The annual statement specified in section 1 is not required where the mortgagor is provided with a monthly billing form or mortgagor passbook either of which provides the escrow fund balance and record of expenditures for taxes. 1966, Act 125, Eff. Mar. 10, 1967
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-565-162Fetched: 10/20/2026

Starting a business in Michigan? Michigan LLC guide: costs and requirements