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§ 450.795 — Michigan Law | CourtGPT
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  2. Laws/
  3. Michigan/
  4. Chapter 450 - Corporationsact 327 of 1931 - Michigan General Corporation Statute (450.1 - 450.192)/
  5. Statute Act 112 of 1988/
  6. § 450.795
Michigan Legal Code

§ 450.795

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450.795 Fraudulent procurement of contract prohibited; violation as felony; penalty. Sec. 5. (1) A person shall not fraudulently procure or attempt to procure a contract under this act. (2) A person who knowingly violates this act is guilty of a felony, punishable by imprisonment for not more than 2 years, or a fine of not less than $5,000.00, or both. (3) A person found guilty of violating this act shall be barred from obtaining future contracts with the state. History: 1988, Act 112, Eff. Mar. 30, 1989 ;-- Am. 1998, Act 73, Imd. Eff. May 4, 1998