Michigan § 446.57 Licensing of sales by auction; definitions.

Michigan Statutes

§ 446.57 — Licensing of sales by auction; definitions.

Michigan § 446.57

Ch. 446BUSINESS REGULATION

Act 224 of 1955PUBLIC AUCTIONS (446.51-446.60)

This text of Michigan § 446.57 (Licensing of sales by auction; definitions.) 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 § 446.57 (2026).

Text

PUBLIC AUCTIONS (EXCERPT) Act 224 of 1955 446.57 Licensing of sales by auction; definitions. Sec.

7."New merchandise" as used in this act shall mean all merchandise not previously sold at retail. "Auction sale" as used in this act shall mean the offering for sale or selling of personal property to the highest bidder, or offering for sale or selling of personal property at a high price and then offering the same at successive lower prices until a buyer is secured.

Free access — add to your briefcase to read the full text and ask questions with AI

PUBLIC AUCTIONS (EXCERPT) Act 224 of 1955 446.57 Licensing of sales by auction; definitions. Sec. 7. "New merchandise" as used in this act shall mean all merchandise not previously sold at retail. "Auction sale" as used in this act shall mean the offering for sale or selling of personal property to the highest bidder, or offering for sale or selling of personal property at a high price and then offering the same at successive lower prices until a buyer is secured.