Section 125.2322 - Mobile home dealer; surety bond; deposit; rules. - Michigan Statutes

THE MOBILE HOME COMMISSION ACT (EXCERPT)
Act 96 of 1987

125.2322 Mobile home dealer; surety bond; deposit; rules.

Sec. 22.

The commission may promulgate rules to require a licensed mobile home dealer to post a surety bond in an amount up to $10,000.00 for each sales location and may determine conditions of the bond. An appropriate deposit of cash or securities shall be accepted in lieu of a bond which is required.

History: 1987, Act 96, Imd. Eff. July 6, 1987
Admin Rule: R 125.1101 et seq. of the Michigan Administrative Code.