{"data":{"id":"us-mi/mich.-comp.-laws-487.12103","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 487.12103","heading":"Powers and duties vested under former act; transfer of property, books, and other papers; effect of orders and rules.","body":"Sec. 2103.\n\nThe powers and duties vested by law in the financial institutions bureau under former 1969 PA 319 are vested in the bureau under this act. Any hearing or other proceeding pending before the bureau before the effective date of this act shall not abate but is transferred to the bureau under this act and shall be conducted and determined by the bureau in accordance with the provisions of the law governing such hearing or proceeding.\n\nAll property, credits, books, correspondence, funds, appropriations, records, files, and other papers belonging to the financial institutions bureau under former 1969 PA 319 are transferred to the bureau under this act. All orders and rules which have been issued under law by the commissioner under former 1969 PA 319, and which are in effect shall continue in effect until modified, suspended, revoked, or repealed by the commissioner.","path":["MI Code","Chapter 487","Act Act-276-of-1999"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-487-12103","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"f4af6dfcd3bacaa9776c7b242cf2d78d955ba23a63a332f170d7a01e1c938584","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-487.12102","next":"us-mi/mich.-comp.-laws-487.12104"},"notice":"GroundRules: Original legal text. Not legal advice."}