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Regulatory Loan Amendment Instructions

A licensee may amend the address or the name in its license certificate.

The Regulatory Loan Act No. 21 provides for the amendment to a license certificate. Section 7(1) of the Act states in pertinent part:

“Sec. 7 (1) A licensee under this act may change its name or place of business shown on the license by giving prior written notice to the commissioner and returning the license to the commissioner. The commissioner shall amend the license certificate to show the new name or the new place of business and the date of the new certificate.”

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, 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.

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