Enforcement (487.1701...487.1719)

  1. Law
  2. Michigan Compiled Laws
  3. Financial Institutions
  4. 89 of 1986 - Michigan Bidco Act (487.1101 - 487.2001)
  5. Enforcement (487.1701...487.1719)

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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.

Section
487.1703

Violation of MCL 487.1311; Cease and Desist Order; Filing Application for Hearing on Order; Rescission of Order; Judicial Review.

Section
487.1705

Cease and Desist Order; Affirmative Action to Correct Condition; Application for Hearing on Order; Affirming, Modifying, or Rescinding Order; Judicial Review.

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.

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.

Section
487.1711

Disclosure to Owners.

Section
487.1713

Calling Meeting of Board of Directors of Licensee or of Owners of Licensee; Notice; Expenses.

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.

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.

Section
487.1719

Violation of Act; Amount and Disposition of Civil Penalty; Applicability of Section; Provisions Cumulative; Liability for Certain Violations.