Michigan Laws 445.872 – Effect of act as to prior contracts
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Terms Used In Michigan Laws 445.872
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
The provisions of this act shall not invalidate or make unlawful or unenforceable, retail installment contracts or retail charge agreements executed prior to the effective date of this act, or liabilities at any time incurred thereunder.