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§ 487.1046 — Michigan Law | CourtGPT
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  4. Chapter 487 - Financial Institutionsact 349 of 1925 - Adverse Claim to Bank Deposit (487.691 - 487.691)/
  5. Statute Act 250 of 2006/
  6. § 487.1046
Michigan Legal Code

§ 487.1046

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487.1046 Civil fine.Sec. 46. The commissioner may assess a civil fine against a person that violates this act, a rule promulgated or an order or ruling issued by the commissioner under this act, or any other applicable state or federal law in an amount that does not exceed $10,000.00 per day for each day the violation continues, plus this state's costs and expenses for the investigation and prosecution of the matter, including reasonable attorney fees. History: 2006, Act 250, Imd. Eff. July 3, 2006