How often must Michigan contractor licenses be renewed?
Correct Answer
B) Every 3 years
Michigan contractor licenses under Act 299 must be renewed every 3 years, along with required continuing education.
Why This Is the Correct Answer
Michigan contractor licenses under Act 299 must be renewed every 3 years, along with required continuing education.
More mi-business Questions
A Michigan contractor forms an S-Corporation. What is the maximum number of shareholders allowed?
A contractor's employee is injured on a job site in Michigan. The contractor's workers' compensation insurance has a $500 deductible per claim. The total medical costs are $12,500 and lost wages are $3,200. What is the contractor's out-of-pocket cost for this claim?
What is the minimum general liability insurance coverage amount required for Michigan residential builders?
Under Michigan Act 299, what is the consequence for a contractor who performs work outside the scope of their license classification?
A contractor discovers that a subcontractor has filed a construction lien against their project. The general contractor believes the lien is invalid. What is the primary legal mechanism to challenge the lien in Michigan?
Under Michigan Act 299, what happens if a contractor continues to work without a valid license after it expires?
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Under Michigan Act 299, a contractor's license must be renewed every:
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A Michigan LLC contractor has 3 members. For tax purposes, how will the LLC be treated by default unless an election is made?
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A contractor's workers' compensation policy has a $2,500 deductible per claim. An employee injury results in $8,500 in medical costs. How much will the insurance company pay?