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Introduced February 19, 2026
Official text and analysis
Consumer credit: interest rates; prepayment penalties on certain mortgage loans made for business purposes; allow. Amends sec. 1c of 1966 PA 326 (MCL 438.31c).
Sponsor: Mark Tisdel
Cosponsors: Tyrone Carter, Thomas Kuhn, Brenda Carter
Referred to House Finance Committee
