Michigan Compiled Laws 89-1986-6 Article 6 Mergers And Acquisitions (487.1601...487.1603)

• Section 487.1601 Acquiring Control Of Licensee; Application For Approval; Determinations By Commissioner.
  (1) Without the prior approval of the commissioner, a person shall not acquire control of a licensee. (2) With respect to an application for...
• Section 487.1603 Merger Of Licensee With Another Business Firm; Conditions; Purchase By Licensee Of Business Of Another Person; Sale Of Business; Application For Approval Of Merger, Purchase, Or Sale; Determinations.
  (1) A licensee shall not merge with another business firm unless 1 of the following applies: (a) If the licensee is the surviving business...

Last modified: October 10, 2016