Form FIS2041A Additional Branch Office Listing for Deferred Presentment Service Providers - Michigan

What Is Form FIS2041A?

This is a legal form that was released by the Michigan Department of Insurance and Financial Services - a government authority operating within Michigan. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form FIS2041A?A: Form FIS2041A is an additional branch office listing form for Deferred Presentment Service Providers in Michigan.

Q: Who needs to fill out Form FIS2041A?A: Deferred Presentment Service Providers in Michigan who want to add a branch office listing need to fill out Form FIS2041A.

Q: What is a Deferred Presentment Service Provider?A: A Deferred Presentment Service Provider is a company that provides short-term loans to individuals, commonly known as payday loans.

Q: How does Form FIS2041A help Deferred Presentment Service Providers?A: Form FIS2041A allows Deferred Presentment Service Providers to add branch offices to their listing in order to operate legally in Michigan.

Q: Are there any fees associated with filing Form FIS2041A?A: Yes, there is a fee of $150 for each additional branch office listing submitted with Form FIS2041A.

Q: Are there any requirements for opening a branch office as a Deferred Presentment Service Provider in Michigan?A: Yes, there are various requirements and regulations set by the Michigan Department of Insurance and Financial Services (DIFS) that must be met in order to open a branch office as a Deferred Presentment Service Provider in Michigan.

Q: What happens after Form FIS2041A is submitted?A: After Form FIS2041A is submitted, the Michigan Department of Insurance and Financial Services (DIFS) will review the application and notify the Deferred Presentment Service Provider of the approval or denial of the additional branch office listing.

Q: Is there a deadline for submitting Form FIS2041A?A: There is no specific deadline for submitting Form FIS2041A, but it should be submitted in a timely manner before opening a new branch office.

Q: Can a Deferred Presentment Service Provider operate without a branch office listing?A: No, a Deferred Presentment Service Provider must have all branch offices listed with the Michigan Department of Insurance and Financial Services (DIFS) in order to operate legally in Michigan.