Agency Report to JCAR-Page 2
The rules are designed to provide a standardized method for law enforcement, adult protective
services, and financial institutions to provide notice of reports of suspected or detected covered
financial exploitation made by financial institutions to the county prosecutor. The rules provide
forms with a description of required content that shall be included in notifications to the county
prosecutor and provide guidelines for financial institutions to determine in which county to contact
the county prosecutor and how to obtain contact information for each prosecutor’s office. They also
seek to avoid confusion when multiple law enforcement agencies receive copies of a single
notification from a financial institution by requiring each law enforcement agency that receives a
copy to make a report to the county prosecutor’s office. The rules are designed to create the least
burdensome alternative for those required to comply, as the required notification forms are each only
a single page which permits reports already required to be generated in the ordinary course of
business by the agencies making the notifications as attachments.
5. List names of newspapers in which the notice of public hearing was published and
publication dates:
Alpena News Publishing Company (The Alpena News) June 17, 2021; Daily News Greenville (The
Daily News) June 17, 2021; The Mining Journal June 17, 2021; and Traverse City Record Eagle (The
Traverse City Record-Eagle) June 17, 2021
6. Date of publication of rules and notice of public hearing in Michigan Register:
7/1/2021
7. Date, time, and location of public hearing:
7/7/2021 01:00 PM at Williams Building - 1st Floor Auditorium , Michigan Department of Attorney
General, 525 W. Ottawa Street, 1st floor, Lansing, MI 48933
8. Provide the link the agency used to post the regulatory impact statement and cost-benefit
analysis on its website:
9. List of the name and title of agency representative(s) attending public hearing:
Kristen Stinedurf, First Assistant, Financial Crimes Division, Department of Attorney General
10. Persons submitting comments of support:
No comments were submitted.
11. Persons submitting comments of opposition:
No comments were submitted.
12. Identify any changes made to the proposed rules based on comments received during the
public comment period:
Name &
Organization public hearing
Comments made at Written
Comments
Agency Rationale Rule number
for change
& citation
changed
1
MCL 24.242 and 24.245