Terms Used In Michigan Laws > Chapter 322 > Act 19 of 1917 - Certificates of Correction

• Applicant: means a person that is seeking a license to engage in the business of providing deferred presentment service transactions under this act. See Michigan Laws 487.2122
• Commissioner: means the director or his or her authorized representative. See Michigan Laws 487.2122
• Deed: The legal instrument used to transfer title in real property from one person to another.
• grantee: may be construed as including every person to whom any such interest or estate passes in like manner. See Michigan Laws 8.3e
• Licensee: means a person that is licensed to engage in the business of providing deferred presentment service transactions under this act. See Michigan Laws 487.2122
• Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
• state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories belonging to the United States; and the words "United States" shall be construed to include the district and territories. See Michigan Laws 8.3o