Michigan § 445.1677 - Period within which to file application for license and proof of financial responsibility, to pay fees, or to register.
Full text of Michigan Michigan Compiled Laws § 445.1677 — Period within which to file application for license and proof of financial responsibility, to pay fees, or to register., with citation guidance and answers to common questions.
§ 445.1677. Period within which to file application for license and proof of financial responsibility, to pay fees, or to register.
Any mortgage broker, mortgage lender, or mortgage servicer engaged in activities covered by this act on the effective date of this act shall have 90 days after the effective date of this act in which to file an application for a license together with proof of financial responsibility as required by section 4, and to pay any required fees, or to register and pay any required registration fee. During the 90-day period, and until the commissioner acts on the application, the applicant shall be entitled to operate without a license but shall otherwise comply with all other provisions of this act.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 445.1677
What does Michigan Compiled Laws § 445.1677 cover?
Section 445.1677 ("Period within which to file application for license and proof of financial responsibility, to pay fees, or to register.") 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 § 445.1677?
A common citation format is "Michigan Compiled Laws § 445.1677" (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 § 445.1677 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.