reglab/housing_qa huggingface dataset:
MI Comp L § 445.1520 (2021)
2021 Michigan Compiled Laws|Chapter 445 - Trade and Commerce|Act 269 of 1974 - Franchise Investment Law (445.1501 - 445.1546)|Section 445.1520 - Accounts of Franchise Sales; Reports; Examination of Records.

445.1520 Accounts of franchise sales; reports; examination of records. Sec. 20.  A franchisor offering franchises for sale in this state shall keep and maintain accounts of franchise sales in accordance with generally accepted accounting principles and shall make and file with the department such reports as the department may by rule or order prescribe, including an annual report setting forth the franchises sold by it, the proceeds derived therefrom, and the names and addresses of all of the franchisor's franchise agents in this state. All these records are subject at any time to a reasonable periodic, special, or other examinations by a representative of the department, within or without this state, as the department deems necessary or appropriate in the public interest or for the protection of franchisees. History: 1974, Act 269, Eff. Oct. 15, 1974 ;-- Am. 1984, Act 92, Eff. June 20, 1984
MI Comp L § 445.1521 (2021)
2021 Michigan Compiled Laws|Chapter 445 - Trade and Commerce|Act 269 of 1974 - Franchise Investment Law (445.1501 - 445.1546)|Section 445.1521 - Certain Facts Not to Constitute Finding or Approval; Representation Inconsistent With Section Prohibited.

445.1521 Certain facts not to constitute finding or approval; representation inconsistent with section prohibited. Sec. 21.  (1) The fact that documents required under this act are filed does not constitute a finding by the department that a document filed under this act is true, complete, or not misleading. Neither any such fact nor the fact that an exemption is available for a transaction means that the department has passed in any way upon the merits or qualifications of, or recommended or given approval to, any persons, franchise, or transaction.  (2) A person shall not make or cause to be made to a prospective purchaser or offeree a representation inconsistent with this section. History: 1974, Act 269, Eff. Oct. 15, 1974 ;-- Am. 1984, Act 92, Eff. June 20, 1984
MI Comp L § 445.1522 (2021)
2021 Michigan Compiled Laws|Chapter 445 - Trade and Commerce|Act 269 of 1974 - Franchise Investment Law (445.1501 - 445.1546)|Section 445.1522 - Service of Process.

445.1522 Service of process. Sec. 22.  The notice filed by a nonresident franchisor under section 7a shall be considered an irrevocable consent appointing the corporations and securities bureau of the department of commerce to be its attorney to receive service of lawful process in any noncriminal action or proceeding against it or its successor, executor, or administrator, which arises under this act or a rule or order hereunder after the consent has been filed, with the same force and validity as if served personally on the person filing the consent. Service may be made by leaving a copy of the process in the office of the corporations and securities bureau of the department of commerce but it is not effective unless the plaintiff, who may be the department in an action or proceeding instituted by it, forthwith sends notice of the service and a copy of the process by certified mail to the defendant or respondent at its last address on file with the department and the plaintiff's affidavit of compliance is filed in the action, on or before the return day of the process, if any, or within such further time as the court allows. History: 1974, Act 269, Eff. Oct. 15, 1974 ;-- Am. 1984, Act 92, Eff. June 20, 1984
MI Comp L § 445.1523 (2021)
2021 Michigan Compiled Laws|Chapter 445 - Trade and Commerce|Act 269 of 1974 - Franchise Investment Law (445.1501 - 445.1546)|Section 445.1523 - Untrue Statement, Omission, or Failure to Give Notice of Change.

445.1523 Untrue statement, omission, or failure to give notice of change. Sec. 23.  A person shall not make an untrue statement of a material fact in a notice or report filed with the department under this act, or omit to state in a notice or report a material fact which is required to be stated therein, or fail to notify the department of a change as required by this act. History: 1974, Act 269, Eff. Oct. 15, 1974 ;-- Am. 1984, Act 92, Eff. June 20, 1984
MI Comp L § 445.1524 (2021)
2021 Michigan Compiled Laws|Chapter 445 - Trade and Commerce|Act 269 of 1974 - Franchise Investment Law (445.1501 - 445.1546)|Section 445.1524 - Filing of Advertisement or Sales Literature; Exemption From Liability.

445.1524 Filing of advertisement or sales literature; exemption from liability. Sec. 24.  (1) The department may by rule or order require the filing of any advertisement or other sales literature or advertising communication addressed or intended for distribution to prospective franchisees.  (2) Nothing in this act shall impose any liability, civil or criminal, upon any person or publisher regularly engaged in the business of publishing a bona fide newspaper or operating a radio or television station, and acting solely in his official capacity, who publishes an advertisement in good faith and without knowledge that such advertisement or publication constitutes a violation of this act. History: 1974, Act 269, Eff. Oct. 15, 1974 ;-- Am. 1984, Act 92, Eff. June 20, 1984
MI Comp L § 445.1525 (2021)
2021 Michigan Compiled Laws|Chapter 445 - Trade and Commerce|Act 269 of 1974 - Franchise Investment Law (445.1501 - 445.1546)|Section 445.1525 - Publication of False or Misleading Advertisement Prohibited.

445.1525 Publication of false or misleading advertisement prohibited. Sec. 25.  A person shall not publish an advertisement concerning the offer or sale of a franchise in this state if the advertisement contains a statement that is false or misleading or omits to make any statement necessary in order to make the statements made, in light of the circumstances under which they were made, not misleading. History: 1974, Act 269, Eff. Oct. 15, 1974 ;-- Am. 1984, Act 92, Eff. June 20, 1984
MI Comp L § 445.1526 (2021)
2021 Michigan Compiled Laws|Chapter 445 - Trade and Commerce|Act 269 of 1974 - Franchise Investment Law (445.1501 - 445.1546)|Section 445.1526 - Repealed. 1984, Act 92, Eff. June 20, 1984.

445.1526 Repealed. 1984, Act 92, Eff. June 20, 1984. Compiler's Notes: The repealed section pertained to violation of order.
MI Comp L § 445.1528 (2021)
2021 Michigan Compiled Laws|Chapter 445 - Trade and Commerce|Act 269 of 1974 - Franchise Investment Law (445.1501 - 445.1546)|Section 445.1528 - Pyramid.

445.1528 Pyramid.Sec. 28.  The department shall not accept for filing a franchise that involves a pyramid promotional scheme that violates the pyramid promotional scheme act, MCL 445.2581 to 445.2586. History: 1974, Act 269, Eff. Oct. 15, 1974 ;-- Am. 2018, Act 187, Eff. Sept. 11, 2018
MI Comp L § 445.1529, 445.1530 (2021)
2021 Michigan Compiled Laws|Chapter 445 - Trade and Commerce|Act 269 of 1974 - Franchise Investment Law (445.1501 - 445.1546)|Section 445.1529, 445.1530 - Repealed. 1984, Act 92, Eff. June 20, 1984.

445.1529, 445.1530 Repealed. 1984, Act 92, Eff. June 20, 1984. Compiler's Notes: The repealed sections pertained to franchise agent's application and cease and desist order.
MI Comp L § 445.1531 (2021)
2021 Michigan Compiled Laws|Chapter 445 - Trade and Commerce|Act 269 of 1974 - Franchise Investment Law (445.1501 - 445.1546)|Section 445.1531 - Liability for Damages or Rescission; Basis of Damages.

445.1531 Liability for damages or rescission; basis of damages. Sec. 31.  (1) A person who offers or sells a franchise in violation of section 5 or 8 is liable to the person purchasing the franchise for damages or rescission, with interest at 6% per year from the date of purchase until June 20, 1984 and 12% per year thereafter and reasonable attorney fees and court costs.  (2) A person may not file or maintain suit under this section if the franchisee received a written offer before suit and at a time when the franchisee owned the franchise to refund the consideration paid together with interest from the date of purchase at 1 percentage point above the rate provided by subsection (1), less the amount of income received on the franchise, conditioned only upon tender by the person of all items received by the franchisee for the consideration and not sold, and failed to accept the offer within 30 days of its receipt, or if the franchisee received the offer before suit and at a time when the franchisee did not own the franchise, unless the franchisee rejected the offer in writing within 30 days of its receipt. The rescission offer shall recite the provisions of this section. If the franchise involves substantial building or substantial equipment and a significant period of time has elapsed since the sale of the franchise to the franchisee, the rescission offer may recognize depreciation, amortization, and other factors which bear upon the value of the franchise being returned to the franchisor.  (3) A person who offers or sells a franchise in violation of section 7a is liable to the person purchasing the franchise for damages caused by the noncompliance.  (4) In a proceeding under this act, damages may be based on reasonable approximations, but not on speculation. History: 1974, Act 269, Eff. Oct. 15, 1974 ;-- Am. 1984, Act 92, Eff. June 20, 1984 ;-- Am. 1989, Act 1, Eff. Mar. 29, 1990 ;-- Am. 1989, Act 49, Imd. Eff. June 12, 1989
MI Comp L § 445.1532 (2021)
2021 Michigan Compiled Laws|Chapter 445 - Trade and Commerce|Act 269 of 1974 - Franchise Investment Law (445.1501 - 445.1546)|Section 445.1532 - Joint and Several Liability.

445.1532 Joint and several liability. Sec. 32.  A person who directly or indirectly controls a person liable under this act, a partner in a firm so liable, a principal executive officer or director of a corporation so liable, a person occupying a similar status or performing similar functions, an employee of a person so liable who materially aids in the act or transaction constituting the violation, is also liable jointly and severally with and to the same extent as the person, unless the other person who is so liable had no knowledge of or reasonable grounds to believe in the existence of the facts by reason of which the liability is alleged to exist. History: 1974, Act 269, Eff. Oct. 15, 1974
MI Comp L § 445.1533 (2021)
2021 Michigan Compiled Laws|Chapter 445 - Trade and Commerce|Act 269 of 1974 - Franchise Investment Law (445.1501 - 445.1546)|Section 445.1533 - Statute of Limitations.

445.1533 Statute of limitations. Sec. 33.  An action shall not be maintained to enforce a civil or criminal liability created under this act unless brought before the expiration of 4 years after the act or transaction constituting the violation. History: 1974, Act 269, Eff. Oct. 15, 1974 ;-- Am. 1984, Act 92, Eff. June 20, 1984
MI Comp L § 445.1534 (2021)
2021 Michigan Compiled Laws|Chapter 445 - Trade and Commerce|Act 269 of 1974 - Franchise Investment Law (445.1501 - 445.1546)|Section 445.1534 - Civil Liability; Liability Under Other Statute or Common Law.

445.1534 Civil liability; liability under other statute or common law. Sec. 34.  Except as explicitly provided in this act, civil liability in favor of any private party shall not arise against a person by implication from or as a result of the violation of a provision of this act or a rule or order hereunder. Nothing in this act shall limit a liability which may exist by virtue of any other statute or under common law if this act were not in effect. History: 1974, Act 269, Eff. Oct. 15, 1974
MI Comp L § 445.1535 (2021)
2021 Michigan Compiled Laws|Chapter 445 - Trade and Commerce|Act 269 of 1974 - Franchise Investment Law (445.1501 - 445.1546)|Section 445.1535 - Action by Department for Injunction, Restitution, or Compliance; Restraining Order; Writ of Mandamus; Appointment of Receiver or Conservator; Bond Not Required; Costs; Notice of Action; Opportunity to Cease and Desist or to Confer With Department; Presumption of Immediate and Irreparable Harm.

445.1535 Action by department for injunction, restitution, or compliance; restraining order; writ of mandamus; appointment of receiver or conservator; bond not required; costs; notice of action; opportunity to cease and desist or to confer with department; presumption of immediate and irreparable harm. Sec. 35.  (1) Whenever it appears to the department that a person has engaged, is engaged, or is about to engage in an act or practice constituting a violation of a provision of this act or a rule or order hereunder, after notice as required in subsection (2), the department may bring an action in the name of the people in the circuit court to enjoin the acts or practices, to obtain restitution on behalf of the franchisee, or to enforce compliance with this act or a rule or order hereunder. Upon a proper showing a preliminary or permanent injunction, restraining order, or writ of mandamus shall be granted and a receiver or conservator may be appointed for the defendant or the defendant's assets. The court shall not require the department to post a bond. The court may award costs, including reasonable costs of investigation, to the prevailing party.  (2) Unless waived by the court on good cause shown not less than 10 days before the commencement of an action under this section, the department shall notify the person of the intended action and give the person an opportunity to cease and desist from the alleged unlawful method, act, or practice or to confer with the department in person, by counsel, or by other representative as to the proposed action before the proposed filing date. The notice may be given the person by mail, postage prepaid, to the place of business listed in the notice under section 7a.  (3) In an action under this section to enjoin enforcement of a provision that is void and unenforceable under section 27, if the court finds that such a provision is present, there is a presumption of immediate and irreparable harm to the franchisee. Further showing shall not be required for a grant of a preliminary injunction. History: 1974, Act 269, Eff. Oct. 15, 1974 ;-- Am. 1984, Act 92, Eff. June 20, 1984
MI Comp L § 445.1536 (2021)
2021 Michigan Compiled Laws|Chapter 445 - Trade and Commerce|Act 269 of 1974 - Franchise Investment Law (445.1501 - 445.1546)|Section 445.1536 - Investigations; Statements Under Oath; Administration of Oaths and Affirmations; Subpoena; Evidence; Order Requiring Appearance; Self-Incrimination; Perjury; Contempt.

445.1536 Investigations; statements under oath; administration of oaths and affirmations; subpoena; evidence; order requiring appearance; self-incrimination; perjury; contempt. Sec. 36.  (1) The department in its discretion may:  (a) Make such public or private investigations within or without this state as it deems necessary to determine if a person has violated or is about to violate this act or any rule or order hereunder or to aid in the enforcement of this act or in the prescribing of rules and forms hereunder, and publish information concerning the violation of this act or any rule or order.  (b) Require or permit any person to file a statement under oath or otherwise subject to the penalties of perjury as the department requires in writing as to all the facts and circumstances concerning the matter to be investigated. Failure to reply with all required information to such a departmental letter within 15 days after receipt thereof, shall be the basis for issuance of a cease and desist order.  (2) For the purpose of an investigation or proceeding under this act, the department or any officer designated by it may administer oaths and affirmations, subpoena witnesses, compel their attendance, take evidence, and require the production of books, papers, correspondence, memoranda, agreements, or other documents or records which the department deems relevant or material to the inquiry.  (3) In case of contumacy by, or refusal to obey a subpoena issued to a person, the circuit court, upon application by the department, may issue to the person an order requiring him to appear before the department, or an officer designated by it, to produce documentary evidence, if so ordered, or to give evidence touching the matter under investigation or in question. Failure to obey the order of the court may be punished by the court as a contempt.  (4) A person is not excused from attending and testifying or from producing a document or record before the department, or in obedience to the subpoena of the department or an officer designated by it or in a proceeding instituted by the department on the ground that the testimony or evidence, documentary or otherwise, required of him may tend to incriminate him or subject him to penalty or forfeiture; but a person may not be prosecuted or subjected to a penalty or forfeiture for or on account of any transaction, matter, or thing concerning which he is compelled, after validly claiming his privilege against self-incrimination, to testify or produce evidence, documentary or otherwise, except that the person testifying is not exempt from prosecution and punishment for perjury or contempt committed in testifying. History: 1974, Act 269, Eff. Oct. 15, 1974
MI Comp L § 445.1537 (2021)
2021 Michigan Compiled Laws|Chapter 445 - Trade and Commerce|Act 269 of 1974 - Franchise Investment Law (445.1501 - 445.1546)|Section 445.1537 - Repealed. 1984, Act 92, Eff. June 20, 1984.

445.1537 Repealed. 1984, Act 92, Eff. June 20, 1984. Compiler's Notes: The repealed section pertained to referring information as to violation to attorney general.
MI Comp L § 445.1538 (2021)
2021 Michigan Compiled Laws|Chapter 445 - Trade and Commerce|Act 269 of 1974 - Franchise Investment Law (445.1501 - 445.1546)|Section 445.1538 - Violation; Penalty; Punishing Crime Under Other Statute.

445.1538 Violation; penalty; punishing crime under other statute. Sec. 38.  A person who violates a provision of this act shall be fined not more than $10,000.00, or imprisoned for not more than 7 years, or both. Nothing in this act limits the power of the state to punish a person for any conduct which constitutes a crime under any other statute. History: 1974, Act 269, Eff. Oct. 15, 1974
MI Comp L § 445.1539 (2021)
2021 Michigan Compiled Laws|Chapter 445 - Trade and Commerce|Act 269 of 1974 - Franchise Investment Law (445.1501 - 445.1546)|Section 445.1539 - Prohibited Conduct Equivalent to Appointment of Corporations and Securities Bureau as Attorney for Service of Process; Procedure for Service of Process.

445.1539 Prohibited conduct equivalent to appointment of corporations and securities bureau as attorney for service of process; procedure for service of process. Sec. 39.  When a person, including a nonresident of this state, engages in conduct prohibited or made actionable by this act or a rule or order hereunder, whether or not the person has filed a consent to service of process, and personal jurisdiction over the person cannot otherwise be obtained in this state, that conduct shall be considered equivalent to an appointment of the the corporations and securities bureau of the department of commerce to be his or her attorney to receive service of a lawful process in any noncriminal action or proceeding against the person or a successor, executor, or administrator which grows out of that conduct and which is brought under this act or any rule or order hereunder, with the same force and validity as if served on the person personally. Service may be made by leaving a copy of the process in the office of the corporations and securities bureau of the department of commerce, but it is not effective unless the plaintiff, which may be the department in an action or proceeding instituted by it, forthwith sends notice of the service and a copy of the process by certified mail to the defendant or respondent at his or her last known address or takes other steps which are reasonably calculated to give actual notice and the plaintiff's affidavit of compliance with this section is filed in the case on or before the return day of the process, if any or within such further time as the court allows. History: 1974, Act 269, Eff. Oct. 15, 1974 ;-- Am. 1984, Act 92, Eff. June 20, 1984
MI Comp L § 445.1540 (2021)
2021 Michigan Compiled Laws|Chapter 445 - Trade and Commerce|Act 269 of 1974 - Franchise Investment Law (445.1501 - 445.1546)|Section 445.1540 - Collection and Disposition of Fees and Fines; Detailed Statement; Fee for Filing Notice Under MCL 445.1507a.

445.1540 Collection and disposition of fees and fines; detailed statement; fee for filing notice under MCL 445.1507a. Sec. 40.  (1) The department shall charge and collect the fee fixed by this section. Fees and fines collected under this section and section 7a shall be transmitted to the state treasurer at least weekly, accompanied by a detailed statement thereof and shall be credited to the general fund.  (2) The fee for filing a notice under section 7a is $250.00. History: 1974, Act 269, Eff. Oct. 15, 1974 ;-- Am. 1984, Act 92, Eff. June 20, 1984
MI Comp L § 445.1541 (2021)
2021 Michigan Compiled Laws|Chapter 445 - Trade and Commerce|Act 269 of 1974 - Franchise Investment Law (445.1501 - 445.1546)|Section 445.1541 - Rules.

445.1541 Rules. Sec. 41.  The department shall promulgate rules pursuant to Act No. 306 of the Public Acts of 1969, as amended, being sections 24.201 to 24.315 of the Michigan Compiled Laws, to implement this act. History: 1974, Act 269, Eff. Oct. 15, 1974 Admin Rule: R 445.101 et seq. of the Michigan Administrative Code.
MI Comp L § 445.1542 (2021)
2021 Michigan Compiled Laws|Chapter 445 - Trade and Commerce|Act 269 of 1974 - Franchise Investment Law (445.1501 - 445.1546)|Section 445.1542 - Documents Subject to MCL 15.231 to 15.246; Publication of Information; Disclosure of Information Withheld From Public Inspection; Evidence Sought Under Subpoena.

445.1542 Documents subject to MCL 15.231 to 15.246; publication of information; disclosure of information withheld from public inspection; evidence sought under subpoena. Sec. 42.  Filings, reports, and other papers and documents filed with the department under this act shall be subject to the freedom of information act, Act No. 442 of the Public Acts of 1976, being sections 15.231 to 15.246 of the Michigan Compiled Laws. The department may publish information filed with it or obtained by it, if the action is in the public interest. The department or its examiners, investigators, assistants, clerks, or deputies shall not disclose information withheld from public inspection except among themselves or when necessary or appropriate in a proceeding or investigation under this act or to other federal or state regulatory agencies. This act shall neither create nor derogate from any privilege which exists at common law or otherwise when documentary or other evidence is sought under a subpoena directed to the department. History: 1974, Act 269, Eff. Oct. 15, 1974 ;-- Am. 1984, Act 92, Eff. June 20, 1984
MI Comp L § 445.1543-445.1545 (2021)
2021 Michigan Compiled Laws|Chapter 445 - Trade and Commerce|Act 269 of 1974 - Franchise Investment Law (445.1501 - 445.1546)|Section 445.1543-445.1545 - Repealed. 1984, Act 92, Eff. June 20, 1984.

445.1543-445.1545 Repealed. 1984, Act 92, Eff. June 20, 1984. Compiler's Notes: The repealed sections pertained to copies of documents and provided an effective date.