{"data":{"id":"us-mi/mich.-comp.-laws-493.64e","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 493.64e","heading":"Violation of order; exceptions.","body":"Sec. 14e.\n\nA control person who is subject to an order issued under section 14a 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 493","Act Act-125-of-1981"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-493-64e","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"8411699243fb1e3bfff04ba27d64c9c477ebb36a55c22884f3baf43ccd2a421c","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-493.64d","next":"us-mi/mich.-comp.-laws-493.65"},"notice":"GroundRules: Original legal text. Not legal advice."}