Michigan § 328.232 Conversion of funds as felony; violation as misdemeanor; penalties.

Michigan Statutes

§ 328.232 — Conversion of funds as felony; violation as misdemeanor; penalties.

Michigan § 328.232

Ch. 328DEAD HUMAN BODIES

Act 255 of 1986PREPAID FUNERAL AND CEMETERY SALES ACT (328.211-328.235)

This text of Michigan § 328.232 (Conversion of funds as felony; violation as misdemeanor; penalties.) is published on Counsel Stack Legal Research, covering Michigan primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mich. Comp. Laws § 328.232 (2026).

Text

PREPAID FUNERAL AND CEMETERY SALES ACT (EXCERPT) Act 255 of 1986 328.232 Conversion of funds as felony; violation as misdemeanor; penalties. Sec. 22.

(1)A person who converts funds paid pursuant to a prepaid contract to his or her own use or benefit other than as authorized by this act or who fails to escrow or trust funds according to this act is guilty of a felony punishable by a fine of $5,000.00 or imprisonment of not more than 5 years, or both, for each violation.

(2)A person who violates any other provision of this act is guilty of a misdemeanor punishable by a fine of not more than $1,000.00 or imprisonment for not more than 1 year, or both, for each violation.

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PREPAID FUNERAL AND CEMETERY SALES ACT (EXCERPT) Act 255 of 1986 328.232 Conversion of funds as felony; violation as misdemeanor; penalties. Sec. 22. (1) A person who converts funds paid pursuant to a prepaid contract to his or her own use or benefit other than as authorized by this act or who fails to escrow or trust funds according to this act is guilty of a felony punishable by a fine of $5,000.00 or imprisonment of not more than 5 years, or both, for each violation. (2) A person who violates any other provision of this act is guilty of a misdemeanor punishable by a fine of not more than $1,000.00 or imprisonment for not more than 1 year, or both, for each violation.

Legislative History

1986, Act 255, Eff. July 1, 1987 ;-- Am. 2004, Act 21 , Eff. Jan. 1, 2005 Compiler's Notes: For transfer of powers and duties of certain occupational functions, boards, and commissions from the Department of Licensing and Regulation to the Department of Commerce, see E.R.O. No. 1991-9, compiled at MCL 338.3501 of the Michigan Compiled Laws.