A licensee may amend the address or the name in its license certificate.
The Credit Card Arrangements Act 379 of 1984 provides for the changes that
may occur in a license name or address.
Section 7 (c) For amending a license, not less than $20.00 or more than $75.00.
An address amendment:
A person or company must request an amendment to the address in the license
certificate, if it changes its physical location.
Submit the following documents and information:
- A written request to amend the certificate.
- The license certificate that contains the commissioner’s signature,
and the gold seal or watermark.
- $50.00 amendment fee, made payable to the State of Michigan, for each license
certificate.
An amendment to the name:
If a licensee intends to transact business with a name other than is reflected
in the certificate, it must first obtain an amended license certificate with
that name. This includes the company name as well as any changes to the
assumed name. A person or company may not use a name other than that
reflected in the license certificate.
Submit the following documents and information:
- A written request to amend the certificate.
- The license certificate that contains the commissioner’s signature,
and the gold seal or watermark.
- $50.00 transfer fee, made payable to the State of Michigan, for each license
certificate.
- A resolution that will authorize the change in the name of the licensee
or registrant, if it is a legal entity. This document must be issued
by the corporate board of directors, company members, or partnership members
and be an original or a certified true copy.
- The Michigan authority to conduct business, articles of incorporation,
articles of organization, or articles of partnership must be amended prior
to amending the name.
Send the amendment request and documentation to:
Consumer Finance Unit
P. O. Box 30220
Lansing, MI 48909
Or for overnight delivery:
Consumer Finance Unit
611 W. Ottawa Street, 3rd Floor
Lansing, MI 48933
Questions pertaining to the completion of an amendment request may be directed
to the Consumer Finance Unit at (877) 999-6442.