{"data":{"id":"us-mi/mich.-comp.-laws-445.1668e","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 445.1668e","heading":"Violation of order; exceptions.","body":"Sec. 18e.\n\nA control person who is subject to an order issued under section 18a and who meets all of the following requirements is not in violation of the order:\n\nThe control person shall not in any manner, directly or indirectly, participate in the control of a licensee or registrant after the date the order is issued.\n\nThe control person shall within 6 months after the date the order is final transfer any interest the control person owns in a licensee or registrant to an unrelated third party.","path":["MI Code","Chapter 445","Act Act-173-of-1987"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-445-1668e","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"a357be51f7428c4e0baa6e6a7f1bcf547c3dcf72382be4920a2a2da5e95d5c7a","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-445.1668d","next":"us-mi/mich.-comp.-laws-445.1669"},"notice":"GroundRules: Original legal text. Not legal advice."}