Michigan § 451.417 - Applicability of examination provisions.

Full text of Michigan Michigan Compiled Laws § 451.417 — Applicability of examination provisions., with citation guidance and answers to common questions.

§ 451.417. Applicability of examination provisions.

Sec. 7.

Except as provided in this act, the examination provisions of this act shall not apply to the existing officers, directors, partners, or individual owners of currently licensed debt management businesses unless any of those persons cease to be engaged in the debt management business with their currently licensed firm. To reenter the business at a subsequent time, a person shall satisfy the examination provisions of this act.

Source: official Michigan text · Last verified 2026-08-27

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Frequently Asked Questions About Michigan § 451.417

What does Michigan Compiled Laws § 451.417 cover?

Section 451.417 ("Applicability of examination provisions.") 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 § 451.417?

A common citation format is "Michigan Compiled Laws § 451.417" (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 § 451.417 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.