UNIFORM SECURITIES ACT (2002) (EXCERPT)
Act 551 of 2008

451.2457 Filing fees.

Sec. 457.

(1) A person shall pay a fee of $500.00 when initially filing an application for registration as a Michigan investment market and a fee of $250.00 when filing a renewal of registration as a Michigan investment market.

(2) If an initial or renewal registration application is denied or withdrawn, the administrator shall retain all of the filing fee for that application.

History: Add. 2014, Act 355, Imd. Eff. Oct. 21, 2014
Compiler's Notes: Enacting section 1 of Act 355 of 2014 provides:"Enacting section 1. It is the intent of the legislature by enacting this amendatory act to regulate a class of intrastate broker-dealers that is exempt under section 15(a)(1) of the securities exchange act of 1934, 15 USC 78o, and that will facilitate intrastate securities transactions among persons of this state."

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Michigan Compiled Laws Complete Through PA 5 of 2025
Courtesy of legislature.mi.gov