Financial institutions: mortgage brokers and lenders; consolidation of certain licensing statutes related to residential mortgages; make conforming changes in the identity theft protection act. Amends sec. 3 of 2004 PA 452 (MCL 445.63). TIE BAR WITH: HB 6177'26

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Plain-English Summary

This bill amends Michigan's Identity Theft Protection Act by updating several definitions. It clarifies terms like "agency," "breach of security," "child or spousal support," "financial institution," and "personal identifying information." The bill also adds a definition for "redact" and renumbers some existing definitions.

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