Death, Resignation, or Removal of Director, Officer, or Manager; Election of Director; Appointment of Officer or Manager; Notice to Commissioner; Additional Information.

  1. Law
  2. Michigan Compiled Laws
  3. Financial Institutions
  4. 89 of 1986 - Michigan Bidco Act (487.1101 - 487.2001)
  5. Corporate Matters (487.1401...487.1407)
  6. Death, Resignation, or Removal of Director, Officer, or Manager; Election of Director; Appointment of Officer or Manager; Notice to Commissioner; Additional Information.

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Sec. 405.

Within 30 days after the death, resignation, or removal of a director, officer, or manager, the election of a director, or the appointment of an officer or manager, the licensee shall notify the commissioner in writing of the event and shall provide any additional information which the commissioner may require.

History: 1986, Act 89, Imd. Eff. May 1, 1986 ;-- Am. 1997, Act 150, Imd. Eff. Dec. 2, 1997


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