Section R. 432.1505 - Denials; request for hearingRule 505.
(1) If the board denies an application for transfer of an ownership interest covered by this part, then it shall issue a notice of denial to the applicant for qualification to acquire and hold the ownership interest.(2) A person applying for qualification to acquire and hold an ownership interest subject to this part who is served with a notice of denial under this rule may request a hearing.(3) If the person applying for qualification to acquire and hold an ownership interest subject to this part does not request a hearing, then the notice of denial becomes the final order of the board.(4) Unless specifically stated to the contrary, a notice of denial of an application for qualification to acquire and hold an ownership interest under this rule shall not constitute a finding that the applicant is not suitable for licensure.Mich. Admin. Code R. 432.1505