Section 487.2067 - Prohibited activities or practicesA licensee under this act shall not do any of the following:
(a) Engage in the business of a real estate broker or real estate salesperson licensed under article 25 of the occupational code, 1980 PA 299, MCL 339.2501 to 339.2518.(b) Engage in the business of a pawnbroker licensed under 1917 PA 273, MCL 446.201 to 446.219.(c) Engage in the business of a debt management company licensed under the debt management act, 1975 PA 148, MCL 451.411 to 451.437.(d) Entering into a tying arrangement through which the licensee conditions the sale of 1 financial service to a consumer on the agreement by the consumer to purchase 1 or more other financial services from the licensee, an affiliate, or subsidiary of the licensee.(e) Knowingly permit a person to violate an order that has been issued under this act or any other financial licensing act that prohibits that person from being employed by, an agent of, or a control person of the licensee.1988, Act 161, Eff. 9/1/1988 ;--Am. 1999, Act 275, Imd. Eff. 1/5/2000 ;--Am. 2002, Act 390, Imd. Eff. 5/30/2002.