There is a newer version of the Michigan Compiled Laws
2014 Michigan Compiled Laws
Chapter 487 - FINANCIAL INSTITUTIONS
Act 89 of 1986 MICHIGAN BIDCO ACT (487.1101 - 487.2001)
89-1986-8 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 487.1805 Willful refusal to allow inspection or making copies of books, accounts, and other records.
- Section 487.1807 Books, accounts, or other records; false entries; omission of required entry; alteration, concealment, or destruction.
- Section 487.1809 Financing assistance to associate of licensee.
- Section 487.1811 Financing assistance to discharge obligation to associate of licensee; transactions to which section inapplicable.
- Section 487.1813 Financing assistance to business firm to which associate of licensee provides financing assistance; applicability of section.
- Section 487.1815 Compensation of associate of licensee for procuring or influencing licensee's action with respect to providing financing assistance; section inapplicable to fees received for bona fide closing services; criteria.
- Section 487.1817 Exemptions.
- Section 487.1819 Violation of article; penalty; applicability of section; power of state to punish not limited by act.
Disclaimer: These codes may not be the most recent version. Michigan may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.