HOUSE BILL No. 4345

 

February 17, 2005, Introduced by Reps. Williams, Tobocman, Gonzales, Cheeks, Farrah, McConico, Murphy and Hunter and referred to the Committee on Banking and Financial Services.

 

     A bill to amend 1999 PA 276, entitled

 

"Banking code of 1999,"

 

(MCL 487.11101 to 487.15105) by adding section 4206.

 

THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

 

     Sec. 4206. A bank is subject to and shall comply with all of

 

the requirements of the home loan protection act, 2002 PA 660, MCL

 

445.1631 to 445.1645.

 

     Enacting section 1.  This amendatory act does not take effect

 

unless Senate Bill No.____ or House Bill No. 4343(request no.

 

01449'05) of the 93rd Legislature is enacted into law.