Sec. 809.
A licensee shall not provide, directly or indirectly, financing assistance to an associate of the licensee.
History: 1986, Act 89, Imd. Eff. May 1, 1986
Structure Michigan Compiled Laws
Chapter 487 - Financial Institutions
Act 89 of 1986 - Michigan Bidco Act (487.1101 - 487.2001)
Article 8 - Certain Unlawful Activities (487.1801...487.1819)
Section 487.1801 - Definitions.
Section 487.1803 - Willful Untrue Statement or Omission of Material Fact in Application or Report.
Section 487.1809 - Financing Assistance to Associate of Licensee.