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October 2010
•BLS Website
•SBM Website |
As the recently elected chair of the Business Law Section, it is my privilege to welcome you to a new year for the Section and the full range of activities, publications, and meetings provided to our members. Before outlining some of the outstanding opportunities the Section has to offer, I'd like to thank immediate past Chair Dee Dee Fuller for her extraordinary service to the Section over the past year, including her role in revising the Section's Strategic Plan. Well done. I'd also like to recognize another past chair, Alex DeYonker, who received the Section's Stephen H. Schulman Outstanding Business Lawyer Award following our Annual Meeting on September 23. This is a singular honor and a well-deserved one. Congratulations Alex. Although our State continues to struggle in the throes of a deep economic downturn, the Business Law Section remains a financially sound and vital organization. Michigan needs your dedicated service. Please consider how you can contribute to the Section and help us pursue our important mission: "to foster the highest quality of professionalism and practice in business law and enhance the legislative and regulatory environment for conducting business in Michigan." Join a Committee
Find further information concerning each committee and contact information for our committee chairs on the committees page. Write an Article Attend a Meeting |
The minutes of the most recent meeting of the Regulation of Securities Committee reported on progress on the implementation of provisions of the new Michigan Uniform Securities Act, which was effective October 1. It received a report that the Office of Financial and Insurance Regulation, which has issued draft rules under the new Uniform Act, is considering issuing a fifth transition order under the Act. More information is available in the committee report.
The Section's UCC Committee, chaired by Pat Mears, routinely updates members on critical changes relevant to many business law practitioners. Most recently, the committee report included information from the American Bar Association. This report reminds us of a new term soon to be relevant in many Article 9 matters: "public organic record." Please review the committee report, available on the Section's website, for this information, as well as other helpful information.
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