A licensee may amend the
address or the name in its license certificate.
Section
8 of the Act requires provides for the amendment of a license. That
section reads:
“Sec. 8 (3) A licensee under this act may change its name or place of
business shown on the license. To change its name or the place of business
shown on the license, a licensee shall give prior written notice to the commissioner
and return the license certificate to the commissioner for amendment. The commissioner
shall amend the license certificate to show the new name or the new place of
business shown on the license and the date of reissue.”
An address amendment:
A person or company must request an amendment to the address in the license
certificate, if it changes its physical location.
Submit the following documents and information:
- A written request to amend the certificate.
- The license certificate
that contains the commissioner’s signature,
and the gold seal or watermark.
- $50.00 amendment fee, made payable to the State of Michigan, for each license
certificate.
- A surety bond rider to correct the bond or an amended irrevocable letter
of credit.
An amendment to the name:
If a licensee intends to
transact business with a name other than is reflected in the certificate,
it must first obtain an amended license certificate with that name. This includes the company name as well as any changes to the
assumed name. A person or company may not use a name other than that
reflected in the license certificate.
Submit the following documents and information:
- A written request to amend the certificate.
- The license certificate
that contains the commissioner’s signature,
and the gold seal or watermark.
- $50.00 transfer fee,
made payable to the State of Michigan, for each license certificate.
- A resolution that will
authorize the change in the name of the licensee, if it is a legal entity. This
document must be issued by the corporate board of directors, company members,
or partnership members and be an original or a certified true copy.
- The Michigan authority to conduct business, articles of incorporation,
articles of organization, or articles of partnership must be amended prior
to amending the name.
- A surety bond rider to correct the bond or an amended irrevocable letter
of credit.
Send the amendment request and documentation to:
Consumer Finance Unit
P. O. Box 30220
Lansing, MI 48909
Or for overnight delivery:
Consumer Finance Unit
611 W. Ottawa Street, 3rd Floor
Lansing, MI 48933
Questions pertaining to the completion of an amendment request may be directed
to the Consumer Finance Unit at (877) 999-6442.