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§ 445.1626 — Michigan Law | CourtGPT
  1. Home/
  2. Laws/
  3. Michigan/
  4. Chapter 445 - Trade and Commerceact 101 of 1907 - Carrying on Business Under Assumed or Fictitious Name (445.1 - 445.5)/
  5. Statute Act 351 of 1984/
  6. § 445.1626
Michigan Legal Code

§ 445.1626

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445.1626 Circumstances under which enforcement prohibited. Sec. 6. A lender shall not enforce a due-on-sale clause in a residential real property loan in any circumstances under which enforcement is prohibited under section 341(d) of the Garn-St. Germain depository institutions act of 1982, 12 U.S.C. 1701j-3, as currently in force. History: 1984, Act 351, Eff. Oct. 15, 1985