Sec. 203.
A rule or order under this act may exempt a security, transaction, or offer, or a rule or order under this act may exempt a class of securities, transactions, or offers, from any or all of the requirements of sections 301 to 306 and 504, and a rule or order under this act may waive any or all of the conditions for an exemption or offers under sections 201 and 202.
History: 2008, Act 551, Eff. Oct. 1, 2009 Compiler's Notes: For transfer of securities division of office of finance and insurance regulation from office of finance and insurance regulation to department of licensing and regulatory affairs, see E.R.O. No. 2012-6, compiled at MCL 445.2034.
Structure Michigan Compiled Laws
Chapter 451 - Securities, Real Estate, and Debt Management
Act 551 of 2008 - Uniform Securities Act (2002) (451.2101 - 451.2703)
Article 2 - Exemptions From Registration of Securities (451.2201...451.2204)
Section 451.2201 - Securities Exempt From MCL 451.2301 to 451.2306 and MCL 451.2504.
Section 451.2202 - Securities Exempt From MCL 451.2301 to 451.2306 and MCL 451.2504.
Section 451.2203 - Rule or Order; Exemptions and Waivers.
Section 451.2204 - Denial, Suspension, Revocation, Condition, or Limitation of Exemption.