Section 445.1523 - Untrue statement, omission, or failure to give notice of change.
FRANCHISE INVESTMENT LAW (EXCERPT)
Act 269 of 1974
445.1523 Untrue statement, omission, or failure to give notice of change.
Sec. 23.
A person shall not make an untrue statement of a material fact in a notice or report filed with the department under this act, or omit to state in a notice or report a material fact which is required to be stated therein, or fail to notify the department of a change as required by this act.
History: 1974, Act 269, Eff. Oct. 15, 1974 ;-- Am. 1984, Act 92, Eff. June 20, 1984