Michigan § 445.955 - Advertising requirements; requirements as to items displayed or offered under rental-purchase agreement.
Full text of Michigan Michigan Compiled Laws § 445.955 — Advertising requirements; requirements as to items displayed or offered under rental-purchase agreement., with citation guidance and answers to common questions.
§ 445.955. Advertising requirements; requirements as to items displayed or offered under rental-purchase agreement.
An advertisement for any rental-purchase agreement shall not state that a specific lease of any property at specific amounts or terms is available unless the lessor usually and customarily leases or will lease the property at those amounts or terms.
An advertisement shall not state that a payment or a periodic payment is due at the start of a lease without disclosing both the payment due at the start of the lease, the periodic payment, all other charges payable by the lessee, and the total of all periodic payments necessary to obtain ownership.
Every item displayed or offered under a rental-purchase agreement shall have clearly and conspicuously indicated in arabic numerals, so as to be readable and understandable by visual inspection, each of the following stamped upon or affixed to the item:
The cash price of the item.
The amount of a periodic payment.
The total number of periodic payments required for ownership.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 445.955
What does Michigan Compiled Laws § 445.955 cover?
Section 445.955 ("Advertising requirements; requirements as to items displayed or offered under rental-purchase agreement.") 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 § 445.955?
A common citation format is "Michigan Compiled Laws § 445.955" (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 § 445.955 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.