Act No. 692

Public Acts of 2002

Approved by the Governor

December 29, 2002

Filed with the Secretary of State

December 30, 2002

EFFECTIVE DATE: March 31, 2003

STATE OF MICHIGAN

91ST LEGISLATURE

REGULAR SESSION OF 2002

Introduced by Reps. Koetje and Richner

ENROLLED HOUSE BILL No. 6493

AN ACT to amend 1977 PA 135, entitled "An act to prohibit certain mortgage lending practices by a credit granting institution; to prescribe the powers and duties of the commissioner of the financial institutions bureau in relation to those practices; to permit the establishment of local mortgage review boards; and to provide remedies and penalties," by repealing section 6 (MCL 445.1606).

The People of the State of Michigan enact:

Enacting section 1. Section 6 of 1977 PA 135, MCL 445.1606, is repealed.

Clerk of the House of Representatives.

Secretary of the Senate.

Approved

Governor.