Michigan § 493.79 - Construction of act; applicability.
Full text of Michigan Michigan Compiled Laws § 493.79 — Construction of act; applicability., with citation guidance and answers to common questions.
§ 493.79. Construction of act; applicability.
This act does not apply to a depository financial institution that is subject to other laws of this state, another state, or of the United States regulating the power of the depository financial institution to engage in secondary mortgage loan transactions or upon the conditions and limitations imposed by law upon the exercise of this power. This act does not apply to an affiliate or subsidiary of a depository financial institution or a depository financial institution holding company if the depository institution maintains an office or branch office in this state.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 493.79
What does Michigan Compiled Laws § 493.79 cover?
Section 493.79 ("Construction of act; applicability.") is part of the Michigan Compiled Laws, the codified statutory law of Michigan. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Michigan § 493.79?
A common citation format is "Michigan Compiled Laws § 493.79" (Michigan). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Michigan law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Michigan official source linked on this page or consult a licensed Michigan attorney.
How does Michigan § 493.79 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Michigan can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Michigan.