Section 554.838 - Fees.
LIVING CARE DISCLOSURE ACT (EXCERPT)
Act 440 of 1976
554.838 Fees.
Sec. 38.
(1) The bureau shall charge and collect the fees fixed by this section. Fees and charges collected under this section shall be transmitted to the state treasurer at least weekly, accompanied by a detailed statement of those fees and charges and shall be credited to the general fund.
(2) The fee for filing an application for registration of the offer or sale of life interests and long-term leases shall be $250.00. When an application for registration is withdrawn before the effective date or a stop order is issued before the effective date of a registration, the bureau shall retain a fee of $25.00 if the initial review has not been commenced and the full filing fee after review has commenced. The renewal registration fee shall be $100.00.
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.