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§ 445.489 — 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. § 445.489
Michigan Legal Code

§ 445.489

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445.489 Conduct constituting felony; penalty. Sec. 9. A dealer or an agent or employee of a dealer who does any of the following is guilty of a felony, punishable by imprisonment for not more than 2 years, or a fine of $5,000.00, or both: (a) Totally fails to record a transaction on a record of transaction form as required by section 4. (b) Knowingly falsifies the records kept as required by section 4. (c) Violates section 6. History: 1981, Act 95, Eff. Sept. 11, 1981