Sec. 18.
The commissioner may determine and identify by order or rule events that may occur to a licensee that require the licensee to file a written report with the commissioner describing the event and its expected impact on the activities of the licensee, on a form prescribed by the commissioner for the event.
History: 2005, Act 244, Imd. Eff. Nov. 28, 2005
Structure Michigan Compiled Laws
Chapter 487 - Financial Institutions
Act 244 of 2005 - Deferred Presentment Service Transactions Act (487.2121 - 487.2173)
Article 2 - (487.2131...487.2142)
Section 487.2132 - Licensure Requirements.
Section 487.2133 - Application; Writing; Oath; Form; Information; Fee.
Section 487.2134 - License Fees; Disposition; Surety Bond.
Section 487.2136 - Denial of Application or Failure to Act Within Certain Time Period; Hearing.
Section 487.2138 - Report Describing Certain Event.
Section 487.2139 - Expiration and Renewal of License.
Section 487.2141 - Books, Accounts, and Records; Preservation.
Section 487.2142 - Development, Implementation, and Maintenance of Database.