{"data":{"id":"us-mi/mich.-comp.-laws-451.2203","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 451.2203","heading":"Rule or order; exemptions and waivers.","body":"Sec. 203.\n\nA rule or order under this act may exempt a security, transaction, or offer, or a rule or order under this act may exempt a class of securities, transactions, or offers, from any or all of the requirements of sections 301 to 306 and 504, and a rule or order under this act may waive any or all of the conditions for an exemption or offers under sections 201 and 202.","path":["MI Code","Chapter 451","Act Act-551-of-2008"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-451-2203","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"88d4a1b6a6d151a4f8d4587f0a73d6e7b245e387621f38f43cb9be470efe7996","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-451.2202a","next":"us-mi/mich.-comp.-laws-451.2204"},"notice":"GroundRules: Original legal text. Not legal advice."}