Sec. 20. A licensee or registrant shall not make or offer to make a secondary mortgage loan except on the terms and conditions authorized by this act and the rules promulgated under this act.
Mich. Comp. Laws § 493.70
Making or offering to make secondary mortgage loan; terms and conditions
1981, Act 125, Imd
Official source: Michigan Legislature. Reproduced from public-domain Michigan statutes; confirm against the official source for the current text. Not legal advice.