Section 554.807 - Registration required.
LIVING CARE DISCLOSURE ACT (EXCERPT)
Act 440 of 1976
554.807 Registration required.
Sec. 7.
Beginning 90 days after the effective date of this act, a person shall not offer to sell or sell a life interest or long-term lease in this state unless the facility is registered under this act.
History: 1976, Act 440, Eff. July 1, 1977
Compiler's Notes: For transfer of statutory authority, powers, duties, and functions of the corporations, securities and land development bureau to the office of financial and insurance services by type III transfer, see E.R.O. No. 2000-2, compiled at MCL 445.2003 of the Michigan compiled laws.