Section 445.1205 - Home improvement installment contract; statement as to insurance.

HOME IMPROVEMENT FINANCE ACT (EXCERPT)
Act 332 of 1965

445.1205 Home improvement installment contract; statement as to insurance.

Sec. 205.

If the premium paid for group credit life or other insurance is included in the home improvement installment contract and a separate charge is made to the buyer for such insurance, the contract shall state whether the insurance is to be procured by the buyer or the contractor.


History: 1965, Act 332, Eff. Jan. 1, 1966