There is a newer version of the Michigan Compiled Laws
2010 Michigan Compiled Laws
Chapter 438 - MONEY AND INTEREST
Act 52 of 1970 - EXEMPTION OF LOANS TO BUSINESS ENTITIES FROM USURY STATUTE (438.61 - 438.61)
EXEMPTION OF LOANS TO BUSINESS ENTITIES FROM USURY STATUTEAct 52 of 1970
AN ACT to exempt loans to business entities from the provisions of the usury statute.
History: 1970, Act 52, Imd. Eff. July 10, 1970
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