Mich. Comp. Laws § 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