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Michigan · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Mich. Comp. Laws § 487.2067: Prohibited activities or practices.

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Where this section sits in the code
  1. MI Code
  2. Chapter 487
  3. Act Act-161-of-1988

Sec. 17.

A licensee under this act shall not do any of the following:

Engage in the business of a real estate broker or real estate salesperson licensed under article 25 of the occupational code, 1980 PA 299, MCL 339.2501 to 339.2518.

Engage in the business of a pawnbroker licensed under 1917 PA 273, MCL 446.201 to 446.219.

Engage in the business of a debt management company licensed under the debt management act, 1975 PA 148, MCL 451.411 to 451.437.

Entering into a tying arrangement through which the licensee conditions the sale of 1 financial service to a consumer on the agreement by the consumer to purchase 1 or more other financial services from the licensee, an affiliate, or subsidiary of the licensee.

Knowingly permit a person to violate an order that has been issued under this act or any other financial licensing act that prohibits that person from being employed by, an agent of, or a control person of the licensee.

Collected 2026-09-14T18:32:31Z. Source file · JSON

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