Michigan Laws 487.3226 – Definitions
Current as of: 2023 | Check for updates
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As used in section 215 to 225:
(a) “Cease and desist order which has become final” and “order which has become final” mean a cease and desist order or an order issued by the commissioner with the consent of the institution or the director or officer or other person concerned or with respect to which no petition for review of the action of the commissioner has been filed in a circuit court or with respect to which the action of the court in which the petition is filed is not subject to further review by the courts of the state.
Terms Used In Michigan Laws 487.3226
- Commissioner: means the commissioner of the office of financial and insurance services. See Michigan Laws 487.3102
- Director: means a director, trustee, or other person holding a similar position with respect to an organization whether incorporated or unincorporated. See Michigan Laws 487.3102
- Person: means an individual, corporation, limited liability company, governmental entity, partnership, limited liability partnership, or other legal entity. See Michigan Laws 487.3103
- state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories belonging to the United States; and the words "United States" shall be construed to include the district and territories. See Michigan Laws 8.3o
(b) “Violation” includes any action, alone or with others, for or toward causing, bringing about, participating in, counseling, or aiding or abetting a violation under section 215 to 225.