482.50 Bills; issuance of non-negotiable bill not so marked, penalty. Sec. 50. Any person who with intent to defraud issues or aids in issuing a non-negotiable bill without the words 'not negotiable' placed plainly upon the face thereof, shall be guilty of a crime, and upon conviction shall be punished for each offense by imprisonment not exceeding 5 years, or by a fine not exceeding 5,000 dollars, or by both. History: 1911, Act 165, Eff. Aug. 1, 1911 ;-- CL 1915, 8223 ;-- CL 1929, 11565 ;-- CL 1948, 482.50
Michigan Legal Code