Michigan § 445.1643 Model programs for financial education.

Michigan Statutes

§ 445.1643 — Model programs for financial education.

Michigan § 445.1643

Ch. 445TRADE AND COMMERCE

Act 660 of 2002CONSUMER MORTGAGE PROTECTION ACT (445.1631-445.1645)

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Bluebook

Mich. Comp. Laws § 445.1643 (2026).

Text

CONSUMER MORTGAGE PROTECTION ACT (EXCERPT) Act 660 of 2002 445.1643 Model programs for financial education. Sec. 13.

(1)The department of insurance and financial services shall develop and make available to local units of government, financial institutions, and other interested persons 1 or more model programs for financial education.

(2)The program required under this section shall be designed to teach personal financial management skills and the basic principles involved with saving, borrowing, investing, and protection against predatory and other fraudulent lending practices.

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CONSUMER MORTGAGE PROTECTION ACT (EXCERPT) Act 660 of 2002 445.1643 Model programs for financial education. Sec. 13. (1) The department of insurance and financial services shall develop and make available to local units of government, financial institutions, and other interested persons 1 or more model programs for financial education. (2) The program required under this section shall be designed to teach personal financial management skills and the basic principles involved with saving, borrowing, investing, and protection against predatory and other fraudulent lending practices.