Sec. 7. Before entering into a refund anticipation loan agreement, the facilitator shall clearly disclose both of the following to the taxpayer: (a) The estimated total fees for the refund anticipation loan. (b) The estimated annual percentage rate for the refund anticipation loan.
Mich. Comp. Laws § 446.117
Information to be disclosed before entering agreement
2009, Act 66, Imd
Official source: Michigan Legislature. Reproduced from public-domain Michigan statutes; confirm against the official source for the current text. Not legal advice.