2013 Senate Bill 547 / 2014 Public Act 101

Revise consumer loan law details

Introduced in the Senate

Sept. 25, 2013

Introduced by Sen. Darwin Booher (R-35)

To revise details in provisions of the Uniform Commercial Code that address "negotiable instruments," including checks and similar rights to payment.

Referred to the Committee on Banking and Financial Institutions

Oct. 15, 2013

Reported without amendment

With the recommendation that the bill pass.

Oct. 24, 2013

Passed in the Senate 36 to 0 (details)

Received in the House

Oct. 29, 2013

Referred to the Committee on Financial Services

March 12, 2014

Reported without amendment

Without amendment and with the recommendation that the bill pass.

March 26, 2014

Passed in the House 109 to 0 (details)

To revise details in provisions of the Uniform Commercial Code that address "negotiable instruments," including checks and similar rights to payment.

Signed by Gov. Rick Snyder

April 7, 2014