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MI HB6079

Bill

Official Source

Status

Passed

12/31/2014

Primary Sponsor

Nancy Jenkins-Arno

Click for details

Origin

House of Representatives

97th Legislature

AI Summary

  • Delays implementation of Michigan investment market registration requirements until May 1, 2015
  • Requires persons transacting business as a Michigan investment market in the state to register under the uniform securities act (2002)
  • Postpones enforcement of article 4A of the uniform securities act (2008 PA 551), which covers Michigan investment markets (MCL 451.2451 to 451.2469)
  • Effective immediately upon Governor's approval on December 27, 2014

Legislative Description

Trade; securities; regulation of Michigan investment markets; extend implementation date. Amends sec. 453 of 2008 PA 551 (MCL 451.2453).

Trade, securities

Last Action

Assigned Pa 415'14 With Immediate Effect 2014 Addenda

12/31/2014

Committee Referrals

Economic Development12/15/2014
Commerce12/4/2014

Full Bill Text

No bill text available