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Name of Licensee; Inclusion of Word

Legal Research Home > Michigan Laws > Financial Institutions > Name of Licensee; Inclusion of Word

487.1401 Name of licensee; inclusion of word "BIDCO."

Sec. 401.

(1) Except as provided in subsection (2), the name of each licensee shall include the word "BIDCO".

(2) A business development enterprise is not required to include the word "BIDCO" in its name.

(3) A licensee shall not transact business under a name other than its name.


History: 1986, Act 89, Imd. Eff. May 1, 1986 ;-- Am. 1997, Act 150, Imd. Eff. Dec. 2, 1997 ;-- Am. 2012, Act 358, Imd. Eff. Dec. 13, 2012

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Last modified: March 17, 2013