Mich. Comp. Laws § 487.1309: License; issuance; posting; nontransferable and nonassignable.

Sec. 309.

If an application for a license is approved and all conditions precedent to the issuance of that license are fulfilled, the commissioner shall issue a license to the applicant. A licensee shall post the license in a conspicuous place in the licensee's principal office. A license is not transferable or assignable.