Mich. Comp. Laws § 500.1266

Current through Public Act 156 of the 2024 Legislative Session
Section 500.1266 - Termination of relationship with individual certificate holder by business entity; notice to director

A business entity that terminates the employment, engagement, affiliation, or other relationship with an individual certificate holder shall notify the director using a format prescribed by the director of the termination within 30 days following the effective date of the termination if the reason for termination is 1 of the reasons listed in section 1239(1) or the business entity has knowledge the individual was found by a court or government body to have engaged in any of the activities listed in section 1239(1).

MCL 500.1266

Added by 2014, Act 566,s 8, eff. 1/15/2015.