Saginaw County, Michigan Promissory Note Template — Print, Sign & File Today
Free county-specific template for Saginaw County residents (Pop. 190,539)
Saginaw County Information
Under Michigan jurisdiction, this form meets all statutory requirements and provides comprehensive legal protection for your transaction.
Pursuant to Michigan State Code in Michigan, this Promissory Note must meet specific criteria. The applicable sales tax is 6%. Notarization, which costs $10 in MI, is strongly recommended. 1 witness is needed.
Ensure your transaction is legally sound in Michigan with this expertly crafted, state-compliant template.
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PROMISSORY NOTE
State of Michigan
Principal Amount: $[AMOUNT]
Date: [DATE]
FOR VALUE RECEIVED, the undersigned ("Borrower") promises to pay to [LENDER NAME] ("Lender"), or order, the principal sum of $[AMOUNT], together with interest.
BORROWER:
Name: [BORROWER NAME]
Address: [ADDRESS]
City, State, ZIP: [CITY], MI [ZIP]
LENDER:
Name: [LENDER NAME]
Address: [ADDRESS]
City, State, ZIP: [CITY], MI [ZIP]
TERMS:
1. Interest Rate: [RATE]% per annum
2. Payment Schedule: [SCHEDULE]
3. Payment Amount: $[AMOUNT] per [PERIOD]
4. Due Date: [DATE]
LATE PAYMENT: A late fee of $[AMOUNT] will be charged for payments more than [DAYS] days overdue.
DEFAULT: If Borrower defaults, Lender may declare the entire unpaid balance immediately due and payable.
PREPAYMENT: Borrower may prepay without penalty.
GOVERNING LAW: This note is governed by Michigan law (MI Statutes).
BORROWER SIGNATURE: _____________________ DATE: _____
Michigan Promissory Note Requirements
Review the following requirements to ensure your Promissory Note is legally valid in Michigan.
Michigan Notarization
While notarization may not be required in Michigan, it is recommended. Fees range from $10.
Before You Sign
Review all information carefully. In Michigan, a 6% sales tax may apply.
Legal Protection
Keep copies of all signed documents. Michigan law requires all parties to receive copies of executed documents.
Michigan Filing Deadlines
Check Michigan deadlines for filing or recording this document with the appropriate county clerk's office.
Promissory Note Costs in Michigan
Estimated fees and processing times
| Fee Type | Cost | Notes |
|---|---|---|
| Notary Fee | $5-$15 (if required) | Michigan standard rate: $10 |
| Filing Fee | Varies by state | State registration (if applicable) |
| Processing Time | 1-3 business days | Typical turnaround in Michigan |
| Sales Tax | 6% | Michigan base rate (local taxes may apply) |
| Witness Requirement | 1 witness | Single witness sufficient |
| Our Template | FREE | Download instantly, no cost |
Filing Your Promissory Note in Saginaw County
Residents of Saginaw County (190,539 population) can use this template for written promise to pay a debt. This document complies with Michigan state law.
County Filing Steps
- Download and complete the Promissory Note template
- Gather 1 witness as required by Michigan law
- Visit the Saginaw County Clerk's Office for filing
- Pay applicable county filing fees
- Keep copies for all parties involved
FAQ: Promissory Note in Saginaw County, Michigan
Is a Promissory Note required in Michigan?
Yes, in Michigan, a Promissory Note is required for most transactions of this type. Under Michigan State Code, the document must include all parties' information, be signed, and witnessed by at least one individual. Failure to use a proper Promissory Note may result in legal complications.
Does a Promissory Note need to be notarized in Michigan?
Notarization requirements in Michigan (MI) vary by transaction type. Notary fees in the state typically range from $10. While not always mandatory, notarization adds an extra layer of legal protection and is recommended for high-value transactions.
What are the tax implications of a Promissory Note in Michigan?
Michigan has a base sales tax rate of 6%. Depending on the type of transaction documented in your Promissory Note, additional local taxes may apply. Consult with a Michigan tax professional for specific guidance on your situation.
Where do I file a Promissory Note in Saginaw County?
In Saginaw County, you can file your Promissory Note at the Saginaw County Clerk's Office. Contact them for specific filing requirements, hours, and fees. Population served: 190,539 residents.
Sarah Mitchell, J.D.
Legal Document Specialist
Licensed Attorney, 15+ years experience
Specializes in contract law and legal document preparation
This Promissory Note template for Michigan has been reviewed for accuracy and legal compliance.
Last reviewed: March 2026
Other Counties in Michigan
Location Information
- County
- Saginaw County
- State
- Michigan (MI)
- Population
- 190,539
- Document
- Promissory Note
- Sales Tax
- 6%
- Notary Fee
- $10
Michigan Legal Requirements
Governing Statute:
State Commercial Code
- ✓Must be in writing for amounts over $500
- ✓Clear payment terms required
- ✓Interest rate must comply with usury laws
- ✓Signature of borrower required
Legal Disclaimer
This template is for informational purposes only. County-specific ordinances in Saginaw County may apply. For legal advice, consult a licensed attorney in Michigan.