487.1501 Offices of licensee; number; location; posting sign bearing corporate name; personnel; establishing, relocating, or closing office.
136 words·~1 min read·
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487.1501 Offices of licensee; number; location; posting sign bearing corporate name; personnel; establishing, relocating, or closing office.
Sec. 501.
(1)A licensee shall maintain not less than 1 office in this state.
(2)A licensee shall not maintain an office at any place outside this state.
(3)Each office of a licensee shall be located in a place which is reasonably accessible to the public.
(4)A licensee shall post in a conspicuous place at each of its offices a sign which bears the corporate name of the licensee.
(5)A licensee shall maintain at each of its offices personnel who are competent to conduct the business of such an office.
(6)Upon written notice to the commissioner, a licensee may establish, relocate, or close an office.
History: 1986, Act 89, Imd. Eff. May 1, 1986