Mich. Comp. Laws § 493.22
Current through Public Act 122 of the 2024 Legislative Session
This act or any part thereof may be modified, amended, or repealed so as to effect a cancellation or alteration of any license or right of a licensee hereunder, provided that such cancellation or alteration shall not impair or affect the obligation of any pre-existing lawful contract between any licensee and any borrower.
MCL 493.22