28 sections in this chapter.
R.1-1 Definitions
4.3K chars
R 451.1.1 Definitions. Rule 1.1. As used in these rules and in the act, if applicable: (a) “3(c)(1) fund” means a qualifying private fund that is eligible for the exclusion from the definition of an investment company under section 3(c)(1) of the investment company act of 1940, 1…
R.1-2 Broker-dealer definition exclusion
7.7K chars
R 451.1.2 Broker-dealer definition exclusion. Rule 1.2. As used in these rules and in the act, if applicable, “broker-dealer” does not include any of the following: (a) A “finder” as that term is defined by section 102(i) of the act, MCL 451.2102(i). (b) A person whose participat…
R.1 Definitions
0.5K chars
R 432.1 Definitions. Rule 1. (1) As used in these rules: (a) "Act" means 1972 PA 239, MCL 432.1 et seq. (b) "Retailer" means a person who has been licensed to sell lottery tickets under the act and is referenced in the act as an agent. (c) "Terminal" means an on-line lottery game…