Michigan § 487.2135 - Issuance of license upon investigation that requirements satisfied; posting copy of license.
Full text of Michigan Michigan Compiled Laws § 487.2135 — Issuance of license upon investigation that requirements satisfied; posting copy of license., with citation guidance and answers to common questions.
§ 487.2135. Issuance of license upon investigation that requirements satisfied; posting copy of license.
(1) After the commissioner receives a completed license application, the commissioner shall investigate to determine whether the requirements of this act are satisfied. If the commissioner finds that the requirements of this act are satisfied, the commissioner shall issue to the applicant a license to engage in deferred presentment service transactions.
(2) A licensee shall post a copy of its license in a conspicuous location at the place of business of the licensee.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 487.2135
What does Michigan Compiled Laws § 487.2135 cover?
Section 487.2135 ("Issuance of license upon investigation that requirements satisfied; posting copy of license.") 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 § 487.2135?
A common citation format is "Michigan Compiled Laws § 487.2135" (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 § 487.2135 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.