Michigan Compiled Laws Act 13 Of 1935 Michigan Corporation And Securities Commission (451.1 - 451.4)

AN ACT to create a commission to be known as the Michigan corporation and securities commission; to define the powers and duties thereof; to provide for the transfer to said commission of certain powers and duties now vested by law in the Michigan securities commission and the secretary of state, and to abolish the Michigan securities commission.

History: 1935, Act 13, Eff. Sept. 21, 1935

Section 451.1 Michigan Corporation And Securities Commission; Creation; Commissioner, Term, Disqualification; Seal; Offices.
A commission to be known and designated as the Michigan corporation and securities commission is hereby created. Immediately upon the taking effect of this...
Section 451.2 Corporation And Securities Commission; Powers; Employees, Salary; Fees.
Said commissioner shall have the power to appoint not more than 3 deputy commissioners, who shall have the power and authority to conduct hearings...
Section 451.3 Michigan Securities Commission; Abolition, Transfer Of Powers And Duties To Corporation And Securities Commission; Records; Fees, Taxes And Charges.
The powers and duties now vested by law in the Michigan securities commission, by virtue of the provisions of Act No. 220, Public Acts...
Section 451.4 Corporation And Securities Commission; Review Of Orders; Injunctions.
Any final order of said commission shall be subject to review in the manner now provided by law for reviewing orders of the Michigan...

Last modified: October 10, 2016