MCL - Act 229 of 2009


GUARANTEED ASSET PROTECTION WAIVER ACT

Act 229 of 2009

AN ACT to regulate guaranteed asset protection waivers offered or provided in connection with finance agreements for certain motor vehicles; to provide for the powers and duties of certain state governmental officers and entities; and to provide remedies.


History: 2009, Act 229, Eff. July 7, 2010




The People of the State of Michigan enact:
Document Type Description
Section 492.21 Section Short title.
Section 492.23 Section Definitions.
Section 492.25 Section Offering, selling, or providing guaranteed asset protection waiver; requirements; contractual liability or other insurance policy.
Section 492.27 Section Disclosure; contents.
Section 492.29 Section Cancellation.
Section 492.31 Section Commissioner; enforcement of act; notice and hearing; actions.
Section 492.33 Section Applicability; exceptions.