Michigan Compiled Laws 551-2008-6 Article 6 Administration And Judicial Review (451.2601...451.2612)

• Section 451.2601 Administration Of Act.
  (1) The administrator shall administer this act. (2) The administrator or officer, employee, or designee of the administrator shall not use for personal benefit...
• Section 451.2602 Investigation And Subpoenas; Powers And Authority Of Administrator; Failure To Comply; Privilege Against Self-incrimination; Assistance To Securities Regulator Of Another Jurisdiction.
  (1) The administrator may do any of the following: (a) Conduct public or private investigations in or out of this state that the administrator...
• Section 451.2603 Civil Action; Enforcement; Authority Of Court; Bond.
  (1) If it appears to the administrator that a person has engaged, is engaging, or is about to engage in an act, practice, or...
• Section 451.2604 Enforcement; Order And Notice; Procedure; Final Order; Civil Penalties; Failure To Comply; Enforcement Of Order; Petition; Additional Penalty.
  (1) If the administrator determines that a person has engaged, is engaging, or is about to engage in an act, practice, or course of...
• Section 451.2605 Forms; Orders; Rules; Financial Statement; Interpretative Opinions; Conduct Of Hearing.
  (1) The administrator may do any of the following: (a) Issue forms and orders and, after notice and comment, may adopt and amend rules...
• Section 451.2606 Availability Of Filings To Public.
  (1) The administrator shall maintain, or designate a person to maintain, a register of all applications for registration of securities; registration statements; notice filings,...
• Section 451.2607 Public Records; Confidentiality.
  (1) Subject to subsection (2), records obtained by the administrator or filed under this act, including a record contained in or filed with any...
• Section 451.2608 Uniformity And Cooperation With Other Agencies.
  (1) The administrator shall, in its discretion, cooperate, coordinate, consult, and, subject to section 607, share records and information with the securities regulators of...
• Section 451.2609 Judicial Review.
  (1) Final orders issued by the administrator under this act are subject to judicial review pursuant to the administrative procedures act of 1969, 1969...
• Section 451.2610 Applicability Of Sections; Sales Or Offers To Sell; Purchases Or Offers To Purchase; Offer In This State; Acceptance In This State; Publications; Radio, Television, Or Electronic Communication; Prohibited Or Actionable Conduct.
  (1) Sections 301, 302, 401(1), 402(1), 403(1), 404(1), 501, 506, 509, and 510 apply to a person that sells or offers to sell a...
• Section 451.2611 Service Of Process.
  (1) A consent to service of process complying with this section required by this act must be signed and filed in the form required...
• Section 451.2612 Severability Clause.
  If any provision of this act or its application to any person or circumstances is held invalid, the invalidity does not affect other provisions...

Last modified: October 10, 2016