{"data":{"id":"us-mi/mich.-comp.-laws-207.1064","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 207.1064","heading":"Transfer of license; prohibition.","body":"Sec. 64.\n\nA licensee shall not transfer a license issued under this act to another person. If a licensee transfers or attempts to transfer a license, the license is automatically revoked on that date.\n\nIf a licensee transfers a majority interest in a business association other than a publicly-held association, including a corporation, partnership, trust, joint venture, limited liability company, limited liability partnership, or any other business association, the license is revoked on the date of the transfer.\n\nA licensee who transfers 20% or more of beneficial ownership of a business association shall report the change to the department within 30 days after the date of the change in ownership. The department may also require that a new license be obtained.","path":["MI Code","Chapter 207","Act Act-403-of-2000"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-207-1064","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"52e8b835b927b954bac79a7db9fa84cd9da3fc092c66b76dd6cbd2192625f4fc","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-207.1063","next":"us-mi/mich.-comp.-laws-207.1065"},"notice":"GroundRules: Original legal text. Not legal advice."}