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
Michigan Legal Code