February 25, 2015, Introduced by Reps. Love, Robinson, LaVoy, Geiss, Moss, Chang, Garrett, Byrd, Gay-Dagnogo, Banks, Townsend, Hovey-Wright, Glenn, Lucido, Bizon and Irwin and referred to the Committee on Financial Services.
A bill to amend 2006 PA 250, entitled
"Money transmission services act,"
(MCL 487.1001 to 487.1047) by adding section 35.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 35. At each location in this state at which it provides
money transmission services, a licensee or authorized delegate
shall post a sign, printed in boldfaced type, 36-point or larger,
in a conspicuous location visible to members of the public that
discloses the licensee's or authorized delegate's fees for each of
its money transmission services.