Home/Michigan/Statutes/Ch. 493: REGULATORY LOANS/Act 125 of 1981: THE SECONDARY MORTGAGE LOAN ACT (493.51-493.81)/§ 493.66
Michigan Statutes

§ 493.66 — Failure to testify or comply with subpoena; court order; contempt.

Michigan § 493.66
JurisdictionMichigan
Ch. 493REGULATORY LOANS
Act 125 of 1981THE SECONDARY MORTGAGE LOAN ACT (493.51-493.81)

This text of Michigan § 493.66 (Failure to testify or comply with subpoena; court order; contempt.) is published on Counsel Stack Legal Research, covering Michigan primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Mich. Comp. Laws § 493.66 (2026).

Text

THE SECONDARY MORTGAGE LOAN ACT (EXCERPT) Act 125 of 1981 493.66 Failure to testify or comply with subpoena; court order; contempt. Sec.

16.If a person fails to comply with a subpoena issued by the commissioner or to testify with respect to any matter concerning which the person may be lawfully questioned, the circuit court for Ingham county, on application of the commissioner, may issue an order requiring the attendance of the person and the giving of testimony or production of evidence. The court may punish by contempt a person who fails to obey the court's order.

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Legislative History

1981, Act 125, Imd. Eff. July 23, 1981 Compiler's Notes: For transfer of authority, powers, duties, functions, and responsibility of the financial institutions bureau and the commissioner of the financial institutions bureau to the commissioner of the office of financial and insurance services and the office of financial and insurance services by type III transfer, see E.R.O. No. 2000-2, compiled at MCL 445.2003 of the Michigan compiled laws. Popular Name: Secondary Mortgage Loan Act

Nearby Sections

15
§ 493.1
Short title; definitions.
§ 493.10
Commissioner of state banking department; authority to investigate business and examine records; witnesses; examination of licensee; construction of section; disposition of fees.
§ 493.101
Definitions.
§ 493.102
Credit card arrangement; license required; terms and conditions.
§ 493.103
Application for license; oath; form; contents; fees; net worth requirements; rules.
§ 493.104
Investigation; finding; issuance of license; refusal to issue license; expiration of license.
§ 493.105
Duties of commissioner upon refusal to issue license.
§ 493.106
Suspension, revocation, or refusal to renew license; notice; grounds; surrender of license; duration of license; reinstatement or issuance of new license; preexisting lawful contracts.
§ 493.107
Investigations and examination of books, accounts, records, and files; electronic data processing not prohibited; establishment of annual fee schedule; fees nonrefundable; penalty; disposition and use of fees and expenses; action for recovery of fees or expenses.
§ 493.108
Subpoena of witnesses and evidence; oaths and affirmations; noncompliance; order; contempt.
§ 493.109
Books, accounts, and records; maintenance, preservation, and availability; audit; cost.
§ 493.11
Books, accounts, and records of licensee; preservation and accessibility; filing financial statement with commissioner; reports.
§ 493.110
Maximum interest; computation; fee; offer of loan or credit in connection with other accounts, services, or similar agreements; prohibited conditions.
§ 493.111
Truth in lending act; disclosures, information, and notices; applicability.
§ 493.112
Wilful and intentional violation as misdemeanor; conduct barring recovery and entitling consumer to attorney fees and court costs; authorized actions.
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Bluebook (online)
Michigan § 493.66, Counsel Stack Legal Research, https://law.counselstack.com/statute/mi/493/493.66.