I pulled this off the Michigan.gov site, under the MSP section of handgun laws:
An individual must apply to their local police or sheriff's department for a License to Purchase a Pistol prior to obtaining a pistol, whether by purchase, gift, loan, etc. A license to purchase in not needed for an individual with a CCW license. However, a NICS check must be completed by the FFL (Federal Fireams Licensee) prior to the transfer of the firearm.
The police authority will check for any criminal record at both the state and national level.
The applicant must answer gun related questions on a Basic Pistol Safety Questionnaire, with at least 70% correct, and swear before a notary that they meet the statutory requirements to own a pistol.
The License to Purchase a Pistol form must be completed even though the applicant may already have possession of a pistol, such as through an inheritance. Federal firearms licensed dealers are not exempt from this section of the law and must also get a license any time they purchase/acquire a pistol from an individual or another gun dealer. There is an exemption only for dealers purchasing pistols directly from the manufacturer or wholesaler.
Just my .02 interpretation:.....
A C&R is a type of FFL, so you should be legally bringing the pistol into the state by having it shipped directly to you. You will probably have to register it with your local P.D. after the fact though, don't know if CCW exempts this part if you get one. Couldn't find any reference to C & R firearms on the state sites.
Of course this is just my take on it. I live in a very gun friendly county, so I'd just call and ask my Sheriff. I 've heard other counties are a pain to deal with though.
let us know if you get a REAL answer.
-B
ETA: You might try posting this in the Hometown MI forum..there are some good C&R guys over there that may have the state specific rule you're looking for.