Housing: landlord and tenants; return of security deposit by electronic transfer; allow. Amends sec. 9 of 1972 PA 348 (MCL 554.609).

Summary

The bill amends Michigan law to permit landlords to return a tenant's security deposit by electronic transfer. It affects both landlords and tenants by providing a faster, more convenient way to handle deposit refunds. The change modernizes the deposit‑return process without altering other landlord‑tenant rules.

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