Michigan Compiled Laws § 487.1405 Death, Resignation, Or Removal Of Director, Officer, Or Manager; Election Of Director; Appointment Of Officer Or Manager; Notice To Commissioner; Additional Information.

487.1405 Death, resignation, or removal of director, officer, or manager; election of director; appointment of officer or manager; notice to commissioner; additional information.

Sec. 405.

Within 30 days after the death, resignation, or removal of a director, officer, or manager, the election of a director, or the appointment of an officer or manager, the licensee shall notify the commissioner in writing of the event and shall provide any additional information which the commissioner may require.

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

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Last modified: October 10, 2016