Michigan Administrative Code
Department - Licensing and Regulatory Affairs
Liquor Control Commission
Financial Responsibilities
Section R. 436.2003 - "Unencumbered securities" defined
Universal Citation: MI Admin Code R. 436.2003
Current through Vol. 24-04, March 15, 2024
Rule 3. As used in these rules, "unencumbered securities" means securities that are free and clear of all liens and obligations, including their use as collateral, and upon filing with the commission are without claims or liabilities to third parties.
Disclaimer: These regulations may not be the most recent version. Michigan may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.