Introduced
by
To make violations of a 2009 law requiring lenders offer car buyers <a href="http://www.michiganvotes.org/2006-HB-4087">right of rescission</a> on the purchase of "guaranteed asset protection waivers" that an owners’ debt if the vehicle is wrecked or stolen also a violation of the state Consumer Protection Act.
Referred to the Committee on Regulatory Reform
Reported without amendment
Without amendment and with the recommendation that the bill pass.