Rule 511.
If the board denies approval of a debt transaction that is subject to this part, then the person requesting approval of the debt transaction may not close on the debt transaction.
Mich. Admin. Code R. 432.1511
Rule 511.
If the board denies approval of a debt transaction that is subject to this part, then the person requesting approval of the debt transaction may not close on the debt transaction.
Mich. Admin. Code R. 432.1511