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Current as of January 01, 2025 | Updated by Findlaw Staff
Sec. 4. Every applicant for a license who is a non-resident of this state shall file with the application an irrevocable consent that suits and actions arising out of or founded upon any activity of such applicant in this state as a member of a protective committee, as depositary, or as solicitor, as the case may be, may be commenced against the applicant in the proper court of any county in the state in which the plaintiff may reside, or if the plaintiff is a non-resident, in Ingham county, by the service of any process authorized by the laws of this state on the chairman of the commission; said consent stipulating and agreeing that such service of any process on such chairman shall be taken and held in all courts to be as valid and binding as if due service had been made on the applicant personally. All process which shall be served upon said chairman in reliance upon the consent of an applicant shall be served in duplicate, 1 of which shall be retained in the office of the commission and the other forwarded by the commission forthwith by registered mail to the address of the person against whom said process is directed.
Cite this article: FindLaw.com - Michigan Compiled Laws, Chapter 451. Securities, Real Estate and Debt Management § 451.304 - last updated January 01, 2025 | https://codes.findlaw.com/mi/chapter-451-securities-real-estate-and-debt-management/mi-comp-laws-451-304/
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