Registration Renewal Statement; Form and Content; Automatic Renewal - Mich. Comp. Laws Section 554.821

554.821 Registration renewal statement; form and content; automatic renewal.

Sec. 21.

(1) A registration may be renewed for additional periods of 1 year each, unless the bureau by rule or order specifies a different period, by submitting to the bureau a registration renewal statement not later than 30 business days before the expiration of the registration unless the period is waived by order of the bureau. If a stop order or other order is not in effect, or the registrant has not requested and been granted a waiver, registration of the facility automatically becomes renewed effective at 12 noon of the date on which the prior registration is due to expire, or at an earlier time as the bureau determines.

(2) The registration renewal statement shall be in the form and content prescribed by the bureau. Each registration renewal statement shall be accompanied by the fee prescribed by this act and the changes made in the disclosure statement.

History: 1976, Act 440, Eff. July 1, 1977
Compiler's Notes: For transfer of statutory authority, powers, duties, and functions of the corporations, securities and land development bureau to the office of financial and insurance services by type III transfer, see E.R.O. No. 2000-2, compiled at MCL 445.2003 of the Michigan compiled laws.For transfer of securities division of office of finance and insurance regulation from office of finance and insurance regulation to department of licensing and regulatory affairs, see E.R.O. No. 2012-6, compiled at MCL 445.2034.

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Last modified: January 29, 2015