Sec. 16.
Any person aggrieved by any order or action of the commission may apply to the circuit court of which such person is a resident or to the circuit court for Ingham county for any relief to which said person shall deem himself entitled, and in said suit the members of said commission shall be named as defendant and process may be served on the commission by serving any member thereof: Provided, That no injunction or other order shall issue suspending or staying any order or decree of said commission except after due notice to the commission and a reasonable opportunity for hearing thereon.
History: 1933, Act 89, Imd. Eff. May 25, 1933 ;-- CL 1948, 451.316
Structure Michigan Compiled Laws
Chapter 451 - Securities, Real Estate, and Debt Management
Act 89 of 1933 - Protective Committees (451.302 - 451.319)
Section 451.302 - Protective Committees, Depositaries and Solicitors; Definitions.
Section 451.308 - Protective Committees; Notice to Issuer of Security, Objections, Hearing.
Section 451.309 - Protective Committees; Records and Reports.
Section 451.310 - Protective Committees; Authority to Take Action.
Section 451.311 - Public Trust Commission; Investigations, Audits and Appraisals.
Section 451.312 - Public Trust Commission; Subpoenas, Oaths, Records.
Section 451.313 - Public Trust Commission; Investigations; Costs; Audits and Appraisals.
Section 451.315 - Public Trust Commission; Suspension of Orders, Grounds, Procedure.
Section 451.316 - Aggrieved Parties; Action in Circuit Court.
Section 451.317 - Fiduciary's Relation to Security Holders; Reports of Purchases.