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§ 445.487 — Michigan Law | CourtGPT
  1. Home/
  2. Laws/
  3. Michigan/
  4. Chapter 445 - Trade and Commerceact 101 of 1907 - Carrying on Business Under Assumed or Fictitious Name (445.1 - 445.5)/
  5. Statute Act 95 of 1981/
  6. § 445.487
Michigan Legal Code

§ 445.487

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445.487 Failure to make entry in records as misdemeanor or felony; penalty. Sec. 7. (1) A dealer or an agent or employee of a dealer who knowingly fails to make an entry of any material matter in his or her records kept as required by section 4 is guilty of a misdemeanor, punishable by imprisonment for not more than 1 year, or a fine of $1,000.00, or both. (2) A dealer or an agent or employee of a dealer who knowingly violates subsection (1) a subsequent time is guilty of a felony, punishable by imprisonment for not more than 2 years, or a fine of $5,000.00, or both. History: 1981, Act 95, Eff. Sept. 11, 1981