Michigan Compiled Laws 89-1986-7 Article 7 Enforcement (487.1701...487.1719)

• Section 487.1701 Action To Enjoin Violation Or Enforce Compliance; Restraining Order, Preliminary Or Permanent Injunction, Or Writ Of Mandamus; Appointment Of Receiver Or Conservator; Bond.
  If in the opinion of the commissioner, a person violates, or there is reasonable cause to believe that a person is about to violate...
• Section 487.1703 Violation Of Mcl 487.1311; Cease And Desist Order; Filing Application For Hearing On Order; Rescission Of Order; Judicial Review.
  (1) If the commissioner finds that a person has violated or that there is reasonable cause to believe that a person is about to...
• Section 487.1705 Cease And Desist Order; Affirmative Action To Correct Condition; Application For Hearing On Order; Affirming, Modifying, Or Rescinding Order; Judicial Review.
  (1) If, after notice and a hearing, the commissioner determines that a licensee or a subject person of a licensee has violated or is...
• Section 487.1707 Order Removing Subject Person From Office And Prohibiting Further Participation In Business Of Licensee; Notice And Hearing; Determinations; Order Suspending Subject Person From Office And Prohibiting Further Participation In Business Of Licensee; Application For Hearing On Order; Affirming, Modifying, Or Rescinding Order; Judicial Review; “office” Defined.
  (1) The commissioner may issue an order removing a subject person of a licensee from his or her office, if any, with the licensee...
• Section 487.1709 Crime Involving Dishonesty Or Breach Of Trust; Order Suspending Subject Person From Office And Prohibiting Further Participation In Business Of Licensee; Application For Hearing On Order; Affirming, Modifying, Or Rescinding Order; Judicial Review; Conviction Not Required; “office” Defined.
  (1) If the commissioner determines that a subject person of a licensee has been indicted by a grand jury or has been bound over...
• Section 487.1711 Disclosure To Owners.
  If, in the opinion of the commissioner, disclosure to owners regarding a matter is warranted, the commissioner may require a licensee, in a form...
• Section 487.1713 Calling Meeting Of Board Of Directors Of Licensee Or Of Owners Of Licensee; Notice; Expenses.
  (1) If the commissioner considers it expedient, the commissioner may call a meeting of the board of directors of a licensee by giving notice...
• Section 487.1715 Order Directing Licensee To Refrain From Providing Additional Financing Assistance To Business Firms; Notice And Hearing; Determinations; Request For Hearing; Affirming, Modifying, Or Rescinding Order; Resumption Of Financing Assistance; Application To Modify Or Rescind Order.
  (1) The commissioner may issue an order directing a licensee to refrain from providing any additional financing assistance to business firms if, in the...
• Section 487.1717 Appointment Of Conservator For Licensee; Reimbursement Of Expenses Of Conservatorship; Powers And Duties Of Conservator; Liquidation Of Licensee; Appointment Of Receiver; Determinations; Manner Of Liquidation.
  (1) If the commissioner finds that any of the factors set forth in section 715(1) are true with respect to a licensee and that...
• Section 487.1719 Violation Of Act; Amount And Disposition Of Civil Penalty; Applicability Of Section; Provisions Cumulative; Liability For Certain Violations.
  (1) If, after notice and a hearing, the commissioner finds that a person has violated this act, the commissioner may order that person to...

Last modified: October 10, 2016