Michigan § 487.802 - Certificate of brokers; new certificate, cause, prior liability.
Full text of Michigan Michigan Compiled Laws § 487.802 — Certificate of brokers; new certificate, cause, prior liability., with citation guidance and answers to common questions.
§ 487.802. Certificate of brokers; new certificate, cause, prior liability.
In case there shall be, at any time after the making and filing of said certificate, any change in the name or style of said firm, or in the terms of their partnership, then a new certificate, verified as before specified, shall in like manner be filed, as required by section 1 of this act, before such change shall take effect; and until such new certificate shall have been made and filed, as above specified, the individual member or members of the firm, as set forth in the certificate on file, shall be held to be the actual members of the firm, and in all respects holden and liable for any obligation, debt or liability, incurred by the said company, as brokers or exchange dealers.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 487.802
What does Michigan Compiled Laws § 487.802 cover?
Section 487.802 ("Certificate of brokers; new certificate, cause, prior liability.") 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 § 487.802?
A common citation format is "Michigan Compiled Laws § 487.802" (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 § 487.802 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.