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Michigan Administrative Code (Last Updated: November 16, 2016) |
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Department AG. Attorney General |
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Consumer Protection and Charitable Trusts Division |
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Chapter Franchises |
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Part 5. FINANCIAL STATEMENTS |
Section 445.510. Disclosure of accountant's interest.
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When a report pursuant to this act or these rules is prepared by an independent public accountant or certified public accountant who holds, or intends to acquire, a position or interest in the applicant or registrant covered by the report, full disclosure thereof shall be made to the administrator and, where appropriate, full disclosure shall be made in the prospectus.
History: 1979 AC.