Michigan § 451.421 - License; applicable provisions.
Full text of Michigan Michigan Compiled Laws § 451.421 — License; applicable provisions., with citation guidance and answers to common questions.
§ 451.421. License; applicable provisions.
All of the following apply to a license:
(a) The director shall prescribe the form and size of a license.
(b) A license shall show the name of the licensee and the address at which the business of debt management is to be conducted.
(c) A license shall show the date of expiration of the license as December 31, and show any other information prescribed by the director.
(d) While the license is in force, the licensee shall at all times conspicuously display the license in the outer office of the licensee or branch office of the licensee, if that office offers in-person services to consumers, and state on an internet website that is available to the public that the licensee is licensed in this state.
(e) A license is not transferable or assignable.
(f) A licensee shall surrender a license to the department within 5 business days after the date that the licensee either ceases to engage in the business of debt management or the date the license is revoked.
Frequently Asked Questions About Michigan § 451.421
What does Michigan Compiled Laws § 451.421 cover?
Section 451.421 ("License; applicable 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 § 451.421?
A common citation format is "Michigan Compiled Laws § 451.421" (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 § 451.421 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.