Michigan § 445.489 Conduct constituting felony; penalty.

Michigan Statutes

§ 445.489 — Conduct constituting felony; penalty.

Michigan § 445.489

Ch. 445TRADE AND COMMERCE

Act 95 of 1981THE PRECIOUS METAL AND GEM DEALER ACT (445.481-445.492)

This text of Michigan § 445.489 (Conduct constituting felony; penalty.) 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 § 445.489 (2026).

Text

THE PRECIOUS METAL AND GEM DEALER ACT (EXCERPT) Act 95 of 1981 445.489 Conduct constituting felony; penalty. Sec. 9. A dealer or an agent or employee of a dealer who does any of the following is guilty of a felony, punishable by imprisonment for not more than 2 years, or a fine of $5,000.00, or both:

(a)Totally fails to record a transaction on a record of transaction form as required by section 4.

(b)Knowingly falsifies the records kept as required by section 4.

(c)Violates section 6.

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THE PRECIOUS METAL AND GEM DEALER ACT (EXCERPT) Act 95 of 1981 445.489 Conduct constituting felony; penalty. Sec. 9. A dealer or an agent or employee of a dealer who does any of the following is guilty of a felony, punishable by imprisonment for not more than 2 years, or a fine of $5,000.00, or both: (a) Totally fails to record a transaction on a record of transaction form as required by section 4. (b) Knowingly falsifies the records kept as required by section 4. (c) Violates section 6.