reglab/housing_qa huggingface dataset:
MI Comp L § 445.1456 (2021)
2021 Michigan Compiled Laws|Chapter 445 - Trade and Commerce|Act 341 of 1984 - Farm and Utility Equipment Act (445.1451 - 445.1460)|Section 445.1456 - Exceptions to Repurchase Requirement.

445.1456 Exceptions to repurchase requirement. Sec. 6.  The provisions of this act shall not require the repurchase of the following by a supplier from a dealer:  (a) Any perishable repair part included in a list of parts with shelf lives published by the supplier and provided to the dealer before termination, the shelf life of which has elapsed before the termination, or which shows evidence of deterioration.  (b) Any single repair part that is priced as, or is only sold as, a set of 2 or more items.  (c) Any repair part that, because of its condition, is not resalable as a new part.  (d) Any inventory for which the dealer is unable to furnish evidence, satisfactory to the supplier, of title free and clear of all claims, liens, and encumbrances.  (e) Any inventory that the dealer chooses to keep and has a contractual right to keep.  (f) Any farm tractors and equipment, utility tractors and equipment, and equipment, or attachments that are not in new, unused, undamaged, complete, and salable condition. This subdivision does not apply to those resalable items described in section 4(1) that were used for demonstration or rental.  (g) Any farm tractors and equipment, utility tractors and equipment, or attachments purchased 30 or more months prior to notice of termination of the contract.  (h) Any inventory that was ordered by the dealer on or after the date of notification of termination of the contract.  (i) Any inventory that was acquired by the dealer from any source other than the supplier. History: 1984, Act 341, Imd. Eff. Dec. 27, 1984 ;-- Am. 1989, Act 296, Imd. Eff. Jan. 3, 1990 ;-- Am. 1995, Act 86, Imd. Eff. June 20, 1995
MI Comp L § 445.1457 (2021)
2021 Michigan Compiled Laws|Chapter 445 - Trade and Commerce|Act 341 of 1984 - Farm and Utility Equipment Act (445.1451 - 445.1460)|Section 445.1457 - Liability of Supplier or Manufacturer Failing or Refusing to Pay or Credit Account of Dealer; Right of Dealer to Bring Action.

445.1457 Liability of supplier or manufacturer failing or refusing to pay or credit account of dealer; right of dealer to bring action. Sec. 7.  (1) If any supplier fails or refuses to pay or credit the account of the dealer for any inventory required to be repurchased by section 3 within 90 days after receipt by the supplier of that inventory, he or she shall be liable for 100% of the net cost of all tractors, equipment, and attachments returned or the current net price of all repair parts returned plus any freight charges paid by the dealer and interest on the current net price computed at the legal interest rate from the sixty-first day after receipt of the inventory.  (2) A dealer located in this state shall not waive his or her right to bring any action under this act in the courts of this state. A dealer is not, by virtue of entering into an agreement with a supplier in another state, considered to be doing business in the other state. An action arising under provisions of this act shall be brought in the circuit court of the county in which the dealer has its principal place of business in Michigan. History: 1984, Act 341, Imd. Eff. Dec. 27, 1984 ;-- Am. 1989, Act 296, Imd. Eff. Jan. 3, 1990 ;-- Am. 1995, Act 86, Imd. Eff. June 20, 1995
MI Comp L § 445.1457a (2021)
2021 Michigan Compiled Laws|Chapter 445 - Trade and Commerce|Act 341 of 1984 - Farm and Utility Equipment Act (445.1451 - 445.1460)|Section 445.1457a - Notice of Termination, Cancellation, Nonrenewal, or Substantial Change in Competitive Circumstances.

445.1457a Notice of termination, cancellation, nonrenewal, or substantial change in competitive circumstances. Sec. 7a.  (1) A supplier shall not terminate, cancel, fail to renew, or substantially change the competitive circumstances of an agreement without good cause. A supplier shall provide a dealer at least 90 days' prior written notice of termination, cancellation, nonrenewal, or substantial change in competitive circumstances. The notice shall state the reasons or deficiencies for the action, and the dealer has 90 days to submit a plan to correct the stated reasons or deficiencies that is acceptable to the supplier or to correct the stated reasons or deficiencies. Failure by a dealer to comply with the requirements imposed upon the dealer by the supplier's agreement shall be cause for termination, provided the requirements are not different from those requirements imposed by the supplier on other similarly situated equipment dealers within the state.  (2) The notice described in subsection (1) shall state all the reasons for termination, cancellation, nonrenewal, or substantial change in competitive circumstances and shall provide that the dealer has 90 days in which to rectify any claimed deficiency. If a plan to rectify is submitted or the deficiency is rectified within 90 days, the notice is considered void.  (3) The notice provisions of this section shall not apply if the reason for termination, cancellation, or nonrenewal is insolvency, the occurrence of an assignment for the benefit of creditors, bankruptcy, or material misrepresentation and falsification of records. If the reason for termination, cancellation, nonrenewal, or substantial change in competitive circumstances is nonpayment of sums due under the agreement, the dealer shall be entitled to written notice of default in payment and shall have 10 days from the date of delivery of posting of the notice in which to remedy the default. A supplier shall be liable to a dealer for damages caused to the dealer by the supplier's breach of subsection (1). History: Add. 1995, Act 86, Imd. Eff. June 20, 1995
MI Comp L § 445.1458 (2021)
2021 Michigan Compiled Laws|Chapter 445 - Trade and Commerce|Act 341 of 1984 - Farm and Utility Equipment Act (445.1451 - 445.1460)|Section 445.1458 - Death of Dealer or Majority Stockholder or Partner; Options of Heirs; Time Limitation; New Franchise Agreement.

445.1458 Death of dealer or majority stockholder or partner; options of heirs; time limitation; new franchise agreement. Sec. 8.  (1) Upon the death of the dealer or the majority stockholder of a corporation or a partner in a partnership operating as a dealer, the supplier shall, at the option of the heirs, repurchase the inventory from the surviving spouse or the heir or heirs of the dealer or majority stockholder as if the contract had been terminated.  (2) The heir or heirs shall have 200 days from the date of the death of the dealer or majority stockholder to exercise their options under this act. The repurchase of an inventory is not required if the heirs or the supplier enter into an agreement to operate the dealership, wholesale business, or distributorship on substantially similar terms to those of the deceased dealer. History: 1984, Act 341, Imd. Eff. Dec. 27, 1984 ;-- Am. 1989, Act 296, Imd. Eff. Jan. 3, 1990 ;-- Am. 1995, Act 86, Imd. Eff. June 20, 1995
MI Comp L § 445.1459 (2021)
2021 Michigan Compiled Laws|Chapter 445 - Trade and Commerce|Act 341 of 1984 - Farm and Utility Equipment Act (445.1451 - 445.1460)|Section 445.1459 - Security Interest in Inventory Not Affected.

445.1459 Security interest in inventory not affected. Sec. 9.  The provisions of this act shall not be construed to affect in any way any security interest that any financial institution, person, or supplier has in the inventory of the dealer.  History: 1984, Act 341, Imd. Eff. Dec. 27, 1984 ;-- Am. 1989, Act 296, Imd. Eff. Jan. 3, 1990 ;-- Am. 1995, Act 86, Imd. Eff. June 20, 1995 ;-- Am. 2000, Act 357, Eff. Mar. 28, 2001
MI Comp L § 445.1460 (2021)
2021 Michigan Compiled Laws|Chapter 445 - Trade and Commerce|Act 341 of 1984 - Farm and Utility Equipment Act (445.1451 - 445.1460)|Section 445.1460 - Applicability of Act.

445.1460 Applicability of act. Sec. 10.  The provisions of this act shall apply to all agreements, contracts, sales agreements, security agreements, or franchise agreements written or implied in force and effect on or after January 2, 1990. History: 1984, Act 341, Imd. Eff. Dec. 27, 1984 ;-- Am. 1989, Act 296, Imd. Eff. Jan. 3, 1990 ;-- Am. 1995, Act 86, Imd. Eff. June 20, 1995
MI Comp L § 445.1501 (2021)
2021 Michigan Compiled Laws|Chapter 445 - Trade and Commerce|Act 269 of 1974 - Franchise Investment Law (445.1501 - 445.1546)|Section 445.1501 - Short Title; Construction.

445.1501 Short title; construction. Sec. 1.  This act shall be known and may be cited as the "franchise investment law". This act shall be broadly construed to effectuate its purpose of providing protection to the public. History: 1974, Act 269, Eff. Oct. 15, 1974
MI Comp L § 445.1502 (2021)
2021 Michigan Compiled Laws|Chapter 445 - Trade and Commerce|Act 269 of 1974 - Franchise Investment Law (445.1501 - 445.1546)|Section 445.1502 - Definitions.

445.1502 Definitions. Sec. 2.  (1) "Advertisement" means a written or printed communication or a communication by means of recorded telephone message or spoken on radio, television, or similar communications media, published in connection with an offer or sale of a franchise.  (2) "Department" means the department of attorney general.  (3) "Franchise" means a contract or agreement, either express or implied, whether oral or written, between 2 or more persons to which all of the following apply:  (a) A franchisee is granted the right to engage in the business of offering, selling, or distributing goods or services under a marketing plan or system prescribed in substantial part by a franchisor.  (b) A franchisee is granted the right to engage in the business of offering, selling, or distributing goods or services substantially associated with the franchisor's trademark, service mark, trade name, logotype, advertising, or other commercial symbol designating the franchisor or its affiliate.  (c) The franchisee is required to pay, directly or indirectly, a franchise fee.  (4) "Franchisee" means a person to whom a franchise is granted.  (5) "Franchisor" is a person who grants a franchise and includes a subfranchisor.  (6) "Area franchise" means a contract or agreement between a franchisor and a subfranchisor whereby the subfranchisor is granted the right, for consideration given in whole or in part for such right, to sell or negotiate the sale of franchises in the name or on behalf of the franchisor; unless specifically stated otherwise, franchise includes area franchise.  (7) "Subfranchisor" is a person to whom an area franchise is granted. History: 1974, Act 269, Eff. Oct. 15, 1974 ;-- Am. 1984, Act 92, Eff. June 20, 1984
MI Comp L § 445.1503 (2021)
2021 Michigan Compiled Laws|Chapter 445 - Trade and Commerce|Act 269 of 1974 - Franchise Investment Law (445.1501 - 445.1546)|Section 445.1503 - Additional Definitions; Burden of Proof.

445.1503 Additional definitions; burden of proof. Sec. 3.  (1) "Franchise fee" means a fee or charge that a franchisee or subfranchisor is required to pay or agrees to pay for the right to enter into a business under a franchise agreement, including but not limited to payments for goods and services. The following are not the payment of a franchise fee:  (a) The purchase or agreement to purchase goods, equipment, or fixtures directly or on consignment at a bona fide wholesale price.  (b) The payment of a reasonable service charge to the issuer of a credit card by an establishment accepting or honoring the credit card.  (c) Amounts paid to a trading stamp company by a person issuing trading stamps in connection with the retail sale of merchandise or service.  (d) Payments made in connection with the lease or agreement to lease of a franchised business operated by a franchisee on the premises of a franchisor as long as the franchised business is incidental to the business conducted by the franchisor at such premises.  (2) "Fraud" and "deceit" are not limited to common law fraud or deceit.  (3) "Offer" or "offer to sell" includes an attempt to offer to dispose of or solicitation of an offer to buy, a franchise or interest in a franchise for value. The terms defined in this act do not include the renewal or extension of an existing franchise where there is no interruption in the operation of the franchised business by the franchisee.  (4) "Order" means a consent, authorization, approval, prohibition, or requirement applicable to a specific case issued by the department.  (5) "Person" means an individual, corporation, a partnership, a joint venture, an association, a joint stock company, a trust, or an unincorporated organization.  (6) "Publish" means publicly to issue or circulate by newspaper, mail, radio, or television or otherwise to disseminate to the public.  (7) "Rule" means a rule promulgated by the department.  (8) "Sale" or "sell" includes a contract or agreement of sale of, contract to sell, or disposition of, a franchise or interest in a franchise for value.  (9) "State" means a state, territory, or possession of the United States, the District of Columbia, and Puerto Rico.  (10) In any proceeding under this act, the burden of proving an exemption or an exception from a definition is upon the person claiming it. History: 1974, Act 269, Eff. Oct. 15, 1974 ;-- Am. 1984, Act 92, Eff. June 20, 1984
MI Comp L § 445.1504 (2021)
2021 Michigan Compiled Laws|Chapter 445 - Trade and Commerce|Act 269 of 1974 - Franchise Investment Law (445.1501 - 445.1546)|Section 445.1504 - Arrangements Between Franchisor and Franchisee to Which Act Applicable; Making Offer or Sale of Franchise in State; Accepting Offer to Sell in State; Communication of Acceptance.

445.1504 Arrangements between franchisor and franchisee to which act applicable; making offer or sale of franchise in state; accepting offer to sell in state; communication of acceptance. Sec. 4.  (1) This act applies to all written or oral arrangements between a franchisor and franchisee in connection with the offer or sale of a franchise, including, though not limited to, the franchise offering, the franchise agreement, sales of goods or services, leases and mortgages of real or personal property, promises to pay, security interests, pledges, insurance, advertising, construction or installation contracts, servicing contracts, and all other arrangements in which the franchisor or subfranchisor has an interest.  (2) An offer or sale of a franchise is made in this state when an offer to sell is made in this state, or an offer to buy is accepted in this state, or, if the franchisee is domiciled in this state, the franchised business is or will be operated in this state.  (3) An offer to sell is made in this state when the offer either originates from this state or is directed by the offeror to this state and received at the place to which it is directed. An offer to sell is accepted in this state when acceptance is communicated to the offeror in this state. An acceptance is communicated to the offeror in this state when the offeree directs it to the offeror in this state reasonably believing the offeror to be in this state and it is received at the place to which it is directed.  (4) An offer to sell is not made in this state merely because a publisher circulates or there is circulated on his behalf in this state a bona fide newspaper or other publication of general, regular, and paid circulation which has had more than 2/3 of its circulation outside this state during the past 12 months, or a radio or television program originating outside this state is received in this state. History: 1974, Act 269, Eff. Oct. 15, 1974
MI Comp L § 445.1504a (2021)
2021 Michigan Compiled Laws|Chapter 445 - Trade and Commerce|Act 269 of 1974 - Franchise Investment Law (445.1501 - 445.1546)|Section 445.1504a - Applicability of Act.

445.1504a Applicability of act. Sec. 4a.  This act shall not apply to a nonprofit organization operated on a cooperative basis by and for independent retailers to which all of the following apply:  (a) Control and ownership of each member is substantially equal.  (b) Membership is limited to those who use the services furnished by the organization.  (c) Transfer of ownership is prohibited or limited.  (d) Members receive no return on capital investment.  (e) Substantially equal economic benefits pass to the members on the basis of patronage in the organization.  (f) Members are not personally liable for obligations of the organization in the absence of a direct undertaking or authorization by the members.  (g) The wholesale goods and services of the organization are furnished primarily to the members.  (h) No part of the receipts, income, or profit of the organization are paid to any profit-making entity except for arms-length payments for necessary goods and services.  (i) Members are not required to purchase goods or services through any profit-making entity. History: Add. 1989, Act 212, Imd. Eff. Nov. 13, 1989
MI Comp L § 445.1504b (2021)
2021 Michigan Compiled Laws|Chapter 445 - Trade and Commerce|Act 269 of 1974 - Franchise Investment Law (445.1501 - 445.1546)|Section 445.1504b - Franchisee as Sole Employer.

445.1504b Franchisee as sole employer.Sec. 4b.  To the extent allocation of employer responsibilities between the franchisor and franchisee is permitted by law, the franchisee shall be considered the sole employer of workers for whom it provides a benefit plan or pays wages except as otherwise specifically provided in the franchise agreement. History: Add. 2015, Act 266, Eff. Mar. 22, 2016
MI Comp L § 445.1505 (2021)
2021 Michigan Compiled Laws|Chapter 445 - Trade and Commerce|Act 269 of 1974 - Franchise Investment Law (445.1501 - 445.1546)|Section 445.1505 - Prohibited Conduct in Connection With Offer, Sale, or Purchase of Franchise.

445.1505 Prohibited conduct in connection with offer, sale, or purchase of franchise. Sec. 5.  A person shall not, in connection with the filing, offer, sale, or purchase of any franchise, directly or indirectly:  (a) Employ any device, scheme, or artifice to defraud.  (b) Make any untrue statement of a material fact or omit to state a material fact necessary in order to make the statements made, in the light of the circumstances under which they are made, not misleading.  (c) Engage in any act, practice, or course of business which operates or would operate as a fraud or deceit upon any person. History: 1974, Act 269, Eff. Oct. 15, 1974 ;-- Am. 1984, Act 92, Eff. June 20, 1984
MI Comp L § 445.1505a (2021)
2021 Michigan Compiled Laws|Chapter 445 - Trade and Commerce|Act 269 of 1974 - Franchise Investment Law (445.1501 - 445.1546)|Section 445.1505a - Franchise Opportunities Handbook.

445.1505a Franchise opportunities handbook. Sec. 5a.  The department, in cooperation with the Michigan consumers council, shall prepare and make available to an interested agency or person a franchise opportunities handbook containing information to be used by a potential franchisee in evaluating a franchise offering. History: Add. 1984, Act 92, Eff. June 20, 1984
MI Comp L § 445.1507 (2021)
2021 Michigan Compiled Laws|Chapter 445 - Trade and Commerce|Act 269 of 1974 - Franchise Investment Law (445.1501 - 445.1546)|Section 445.1507 - Repealed. 1984, Act 92, Eff. June 20, 1984.

445.1507 Repealed. 1984, Act 92, Eff. June 20, 1984. Compiler's Notes: The repealed section pertained to conditions to exemption under MCL 445.1506(1).
MI Comp L § 445.1509-445.1511 (2021)
2021 Michigan Compiled Laws|Chapter 445 - Trade and Commerce|Act 269 of 1974 - Franchise Investment Law (445.1501 - 445.1546)|Section 445.1509-445.1511 - Repealed. 1984, Act 92, Eff. June 20, 1984.

445.1509-445.1511 Repealed. 1984, Act 92, Eff. June 20, 1984. Compiler's Notes: The repealed sections pertained to disclosure statement, exemption from registration requirements, and proposed offering prospectus.
MI Comp L § 445.1512 (2021)
2021 Michigan Compiled Laws|Chapter 445 - Trade and Commerce|Act 269 of 1974 - Franchise Investment Law (445.1501 - 445.1546)|Section 445.1512 - Escrow of Initial Investment and Other Funds; Time; Surety Bond; Financial Institution as Escrow Agent; Release of Escrowed Funds; Affidavit.

445.1512 Escrow of initial investment and other funds; time; surety bond; financial institution as escrow agent; release of escrowed funds; affidavit. Sec. 12.  (1) A franchisor whose most recent financial statements are unaudited and which show a net worth of less than $100,000.00 shall, at the request of a franchisee, arrange for the escrow of initial investment and other funds paid by the franchisee or subfranchisor until the obligations to provide real estate, improvements, equipment, inventory, training, or other items included in the franchise offering are fulfilled. At the option of the franchisor, a surety bond may be provided in place of escrow.  (2) The escrow agent shall be a financial institution authorized to do business in this state. The escrow agent may release to the franchisor those amounts of the escrowed funds applicable to a specific franchisee or subfranchisor upon presentation of an affidavit executed by the franchisee and an affidavit executed by the franchisor stating that the franchisor has fulfilled its obligation to provide real estate, improvements, equipment, inventory, training, or other items. This subsection does not prohibit a partial release of escrowed funds upon receipt of affidavits of partial fulfillment of the franchisor's obligation. History: 1974, Act 269, Eff. Oct. 15, 1974 ;-- Am. 1984, Act 92, Eff. June 20, 1984
MI Comp L § 445.1513 (2021)
2021 Michigan Compiled Laws|Chapter 445 - Trade and Commerce|Act 269 of 1974 - Franchise Investment Law (445.1501 - 445.1546)|Section 445.1513 - Conditions Prohibiting Offering for Sale or Selling Franchise.

445.1513 Conditions prohibiting offering for sale or selling franchise. Sec. 13.  A franchise shall not be offered for sale or sold in this state if any of the following apply:  (a) The franchisor's method of business includes or would include activities which are illegal where performed.  (b) A person identified in the disclosure statement has been convicted of an offense described in section 8(2)(e)(i), is subject to an administrative order, or has had a civil judgment entered against him or her involving the illegal offering of franchises or securities and the department determines that the involvement of the person in the sale or management of the franchise creates an unreasonable risk to prospective franchisees.  (c) The franchise offering is the subject of a permanent or temporary injunction entered under any federal or state act applicable to the offering.  (d) The franchisor has failed to pay the proper fee. History: 1974, Act 269, Eff. Oct. 15, 1974 ;-- Am. 1984, Act 92, Eff. June 20, 1984
MI Comp L § 445.1514-445.1518 (2021)
2021 Michigan Compiled Laws|Chapter 445 - Trade and Commerce|Act 269 of 1974 - Franchise Investment Law (445.1501 - 445.1546)|Section 445.1514-445.1518 - Repealed. 1984, Act 92, Eff. June 20, 1984.

445.1514-445.1518 Repealed. 1984, Act 92, Eff. June 20, 1984. Compiler's Notes: The repealed sections pertained to effective date of registration, notice of stop order, conditions to sale of franchise, and renewal of registration.
MI Comp L § 445.1519 (2021)
2021 Michigan Compiled Laws|Chapter 445 - Trade and Commerce|Act 269 of 1974 - Franchise Investment Law (445.1501 - 445.1546)|Section 445.1519 - Filing Change in Information Contained in Notice.

445.1519 Filing change in information contained in notice. Sec. 19.  A franchisor shall file with the department promptly in writing any change in the information contained in the notice as originally submitted or amended. History: 1974, Act 269, Eff. Oct. 15, 1974 ;-- Am. 1984, Act 92, Eff. June 20, 1984