Home/Michigan/Statutes/Ch. 445: TRADE AND COMMERCE/Act 95 of 1981: THE PRECIOUS METAL AND GEM DEALER ACT (445.481-445.492)/§ 445.485
Michigan Statutes

§ 445.485 — Retaining precious item for 9 calendar days; alteration.

Michigan § 445.485
JurisdictionMichigan
Ch. 445TRADE AND COMMERCE
Act 95 of 1981THE PRECIOUS METAL AND GEM DEALER ACT (445.481-445.492)

This text of Michigan § 445.485 (Retaining precious item for 9 calendar days; alteration.) 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 § 445.485 (2026).

Text

THE PRECIOUS METAL AND GEM DEALER ACT (EXCERPT) Act 95 of 1981 445.485 Retaining precious item for 9 calendar days; alteration. Sec.

5.A precious item received by a dealer shall be retained by the dealer for 9 calendar days after it was received, without any form of alteration other than that required to make an accurate appraisal of its value.

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Legislative History

1981, Act 95, Eff. Sept. 11, 1981 ;-- Am. 1990, Act 34, Eff. May 1, 1990

Nearby Sections

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Certificate required to carry on business under assumed name; filing; form; contents; fee; execution and acknowledgment; exceptions; certification and return of duplicate; “person” and “address” defined; imposition of fee by certain charter counties.
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Termination of motor vehicle lease; effectiveness.
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Termination of motor vehicle lease; payments; charges; refund of advance payments.
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Civil action; equitable relief; civil fine.
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§ 445.103
Unlawful trade practices; wholesale, use of term.
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Soliciting fee for providing copy of deed; statement on document required; contents; form; rules; fee; limitation; furnishing copy of document to county office of register of deeds.
§ 445.1034
Exceptions.
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Investigation; violation; penalty.
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Bluebook (online)
Michigan § 445.485, Counsel Stack Legal Research, https://law.counselstack.com/statute/mi/445.485.