Michigan § 390.1439 - Exemption of contract from uniform securities act; sale or transfer of contract.
Full text of Michigan Michigan Compiled Laws § 390.1439 — Exemption of contract from uniform securities act; sale or transfer of contract., with citation guidance and answers to common questions.
§ 390.1439. Exemption of contract from uniform securities act; sale or transfer of contract.
An advance tuition payment contract is exempt from the uniform securities act, 1964 PA 265, MCL 451.501 to 451.818, and the uniform securities act (2002), 2008 PA 551, MCL 451.2101 to 451.2703. An advance tuition payment contract may not be sold or otherwise transferred by the purchaser or qualified beneficiary without the prior approval of the trust.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 390.1439
What does Michigan Compiled Laws § 390.1439 cover?
Section 390.1439 ("Exemption of contract from uniform securities act; sale or transfer of contract.") is part of the Michigan Compiled Laws, the codified statutory law of Michigan. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Michigan § 390.1439?
A common citation format is "Michigan Compiled Laws § 390.1439" (Michigan). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Michigan law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Michigan official source linked on this page or consult a licensed Michigan attorney.
How does Michigan § 390.1439 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Michigan can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Michigan.