Michigan Administrative Code (Last Updated: November 16, 2016) |
Department LR. Licensing and Regulatory Affairs |
Liquor Control Commission |
Chapter Financial Responsibilities |
Section 436.2011. Cash or unencumbered securities; payment of judgments.
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Cash or unencumbered securities which have been provided to the commission as proof of financial responsibility shall not be paid or released by the commission to any claimant to satisfy a judgment pursuant to section 801 of 1998 P.A. 58, MCL 436.1801, unless the commission receives a court order requiring the payment or release.
History: 1988 AACS; 2003 AACS.