Michigan Administrative Code
Department - Attorney General
Consumer Protection and Charitable Trusts Division
Franchises
Part 5 - FINANCIAL STATEMENTS
Section R. 445.504 - Exempt franchisor
Universal Citation: MI Admin Code R. 445.504
Current through Vol. 24-16, September 15, 2024
Rule 504. A financial statement of a franchisor exempt from registration under section 6(2)(a), (b), or (j) of the act shall be certified and audited by an independent certified public accountant, unless that requirement is waived by the administrator as not in the public interest or for the protection of investors.
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