2006 Michigan Compiled Laws - Act 89 of 1986


MICHIGAN BIDCO ACT

Act 89 of 1986

AN ACT to promote economic development by providing for the licensing and regulation of business and industrial development corporations; to provide penalties; and to repeal certain acts and parts of acts.


History: 1986, Act 89, Imd. Eff. May 1, 1986
Compiler's Notes: For transfer of authority, powers, duties, functions, and responsibility of the financial institutions bureau and the commissioner of the financial institutions bureau to the commissioner of the office of financial and insurance services and the office of financial and insurance services by type III transfer, see E.R.O. No. 2000-2, compiled at § 445.2003 of the Michigan compiled laws.




The People of the State of Michigan enact:

DocumentDescription
89-1986-1ARTICLE 1 SHORT TITLE, PURPOSES, AND DEFINITIONS (487.1101...487.1106)
89-1986-2ARTICLE 2 REGULATION, REPORTING, AND EXAMINATION (487.1201...487.1217)
89-1986-3ARTICLE 3 LICENSING (487.1301...487.1317)
89-1986-4ARTICLE 4 CORPORATE MATTERS (487.1401...487.1407)
89-1986-5ARTICLE 5 TRANSACTION OF BUSINESS (487.1501...487.1513)
89-1986-6ARTICLE 6 MERGERS AND ACQUISITIONS (487.1601...487.1603)
89-1986-7ARTICLE 7 ENFORCEMENT (487.1701...487.1719)
89-1986-8ARTICLE 8 CERTAIN UNLAWFUL ACTIVITIES (487.1801...487.1819)
89-1986-9ARTICLE 9 GENERAL PROVISIONS (487.1901...487.1905)
89-1986-10ARTICLE 10 REPEAL (487.2001...487.2001)

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