Mich. Admin. Code R. 125.1507

Current through Vol. 24-24, January 15, 2025

Section R. 125.1507 - Voluntary termination; retention of accounts and records

Rule 507.

(1) An installer and servicer may terminate after notifying by certified mail both of the following entities of its intent to terminate and the proposed date of termination:

(a) The department.

(b) Each customer to which it has outstanding obligations pursuant to the conditions of a work order and warranty.

(2) A terminated installer and servicer shall retain all accounts and records prescribed by these rules for 4 years after the date of termination.

Mich. Admin. Code R. 125.1507

1979 AC; 1998 AACS; 2003 AACS