Michigan Laws 207.1063 – Issuance of license
Current as of: 2023 | Check for updates
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Terms Used In Michigan Laws 207.1063
- Department: means the department of treasury or its designee. See Michigan Laws 207.1002
- Person: means and includes an individual, cooperative, partnership, firm, association, limited liability company, limited liability partnership, joint stock company, syndicate, and corporation, both private and municipal, and any receiver, trustee, conservator, or any other officer having jurisdiction and control of property by law or by appointment of a court other than units of government. See Michigan Laws 207.1004
(1) If an application and the accompanying bond or cash deposit, if any, are approved, the department shall issue a license to the applicant.
(2) A licensee shall retain a copy of its license at each of its business locations unless the department waives this requirement.
(3) A licensee is not required to renew a license and a license is valid unless and until it is suspended, canceled, or revoked for cause by the department, or discontinued by the licensee. However, the department may require a licensee to update the information required under section 53 or 153.
(4) The department shall maintain a list containing the name and address of each person licensed under this act. The department may post the list on the department’s website. The department shall regularly update the list in order to reflect the current status of a licensee.