MCL - Act 89 of 1986


MICHIGAN BIDCO ACT

Act 89 of 1986

AN ACT to promote economic development by providing for the licensing and regulation of business and industrial development corporations; to prescribe the powers and duties of certain public officers and agencies; to provide for the promulgation of rules; to provide remedies and penalties; and to repeal acts and parts of acts.


History: 1986, Act 89, Imd. Eff. May 1, 1986 ;-- Am. 2012, Act 358, Imd. Eff. Dec. 13, 2012
Compiler's Notes: For transfer of authority, powers, duties, functions, and responsibility of the financial institutions bureau and the commissioner of the financial institutions bureau to the commissioner of the office of financial and insurance services and 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.




The People of the State of Michigan enact:
Document Type Description
89-1986-1 Division ARTICLE 1 SHORT TITLE, PURPOSES, AND DEFINITIONS (487.1101...487.1106)
89-1986-2 Division ARTICLE 2 REGULATION, REPORTING, AND EXAMINATION (487.1201...487.1217)
89-1986-3 Division ARTICLE 3 LICENSING (487.1301...487.1317)
89-1986-4 Division ARTICLE 4 CORPORATE MATTERS (487.1401...487.1407)
89-1986-5 Division ARTICLE 5 TRANSACTION OF BUSINESS (487.1501...487.1513)
89-1986-6 Division ARTICLE 6 MERGERS AND ACQUISITIONS (487.1601...487.1603)
89-1986-7 Division ARTICLE 7 ENFORCEMENT (487.1701...487.1719)
89-1986-8 Division ARTICLE 8 CERTAIN UNLAWFUL ACTIVITIES (487.1801...487.1819)
89-1986-9 Division ARTICLE 9 GENERAL PROVISIONS (487.1901...487.1905)
89-1986-10 Division ARTICLE 10 REPEAL (487.2001...487.2001)