Michigan Compiled Laws § 339.1009 License Not Transferable; Changing To New Entity; Admitting Partner, Officer, Or Stockholder; Notice; Agent No Longer Employed By Agency; Designation Of Another Agent; Notice; Change Of Address.

339.1009 License not transferable; changing to new entity; admitting partner, officer, or stockholder; notice; agent no longer employed by agency; designation of another agent; notice; change of address.

Sec. 1009.

(1) A license issued under this article is not transferable.

(2) Within 15 days after a personnel agency changes from a sole proprietorship to a partnership or corporation, or from a partnership to a sole proprietorship or corporation, or from a corporation to a sole proprietorship or partnership, all licensure requirements for the new entity shall be met.

(3) A personnel agency which seeks to admit a new partner to an existing partnership or a new officer or stockholder to an existing corporation shall notify the department within 15 days after a change in the partners of a partnership or the officers of a corporation or the stockholders of a corporation owning 10% or more of the stock of the corporation. The notice shall be made on a form provided by the department and shall contain information by which the department may determine whether the new individual is of good moral character.

(4) If a designated employment agent or consulting agent is no longer employed by the personnel agency or is no longer charged with the general management of the personnel agency's office, the personnel agency shall designate another licensed employment agency or consulting agent and notify the department within 15 days after the appointment is made. A temporary license may be issued to an applicant for an agent's license pursuant to section 213.

(5) An employment agent or consulting agent shall notify the department in writing within 5 business days after the date he or she is no longer employed by a personnel agency or is no longer charged with the general management of the office of that personnel agency.

(6) A personnel agency shall notify the department, in writing, within 30 days after the date of any change of address and shall demonstrate that the premises designated is an acceptable place for the personnel agency to conduct business.

History: 1980, Act 299, Imd. Eff. Oct. 21, 1980 ;-- Am. 1988, Act 463, Eff. Sept. 1, 1989 ;-- Am. 1992, Act 253, Imd. Eff. Nov. 19, 1992
Popular Name: Act 299

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Last modified: October 10, 2016