Mich. Admin. Code R. 432.1906
Current through Vol. 24-19, November 1, 2024
Rule 906. If the board determines that a licensee's administrative or accounting procedures or its written system of internal controls does not comply with the requirements of these rules or requires improvement, then the board shall notify the licensee in writing. Within 15 days after receiving the notification, the licensee shall amend its procedures and written system accordingly and shall submit, for board approval, a copy of the written system, as amended, and a description of any other remedial measures taken.
Mich. Admin. Code R. 432.1906