451.2457 Filing fees.Sec. 457. (1) A person shall pay a fee of $500.00 when initially filing an application for registration as a Michigan investment market and a fee of $250.00 when filing a renewal of registration as a Michigan investment market. (2) If an initial or renewal registration application is denied or withdrawn, the administrator shall retain all of the filing fee for that application. History: Add. 2014, Act 355, Imd. Eff. Oct. 21, 2014 Compiler's Notes: Enacting section 1 of Act 355 of 2014 provides:'Enacting section 1. It is the intent of the legislature by enacting this amendatory act to regulate a class of intrastate broker-dealers that is exempt under section 15(a)(1) of the securities exchange act of 1934, 15 USC 78o, and that will facilitate intrastate securities transactions among persons of this state.'
Michigan Legal Code