Mich. Comp. Laws § 445.1626

Current through Public Act 171 of the 2024 Legislative Session
Section 445.1626 - Circumstances under which enforcement prohibited

A lender shall not enforce a due-on-sale clause in a residential real property loan in any circumstances under which enforcement is prohibited under section 341(d) of the Garn-St. Germain depository institutions act of 1982, 12 U.S.C. 1701j-3, as currently in force.

MCL 445.1626

1984, Act 351, Eff. 10/15/1985.