Michigan Statutes
§ 554.985 — Violation as felony; penalty; seizure and forfeiture of proceeds or instrumentality of crime.
Michigan § 554.985
JurisdictionMichigan
Ch. 554REAL AND PERSONAL PROPERTY
Act 448 of 2014CONTINUING CARE COMMUNITY DISCLOSURE ACT (554.901-554.993)
This text of Michigan § 554.985 (Violation as felony; penalty; seizure and forfeiture of proceeds or instrumentality of crime.) 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 § 554.985 (2026).
Text
CONTINUING CARE COMMUNITY DISCLOSURE ACT (EXCERPT) Act 448 of 2014 554.985 Violation as felony; penalty; seizure and forfeiture of proceeds or instrumentality of crime. Sec. 85.
(1)A person that knowingly violates this act is guilty of a felony punishable by imprisonment for not more than 7 years or a fine of not more than $10,000.00, or both.
(2)The proceeds, the substituted proceeds, or an instrumentality of a crime described in subsection (1) are subject to seizure and forfeiture in the manner provided in chapter 47 of the revised judicature act of 1961, 1961 PA 236, MCL 600.4701 to 600.4709.
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Legislative History
2014, Act 448 , Eff. Apr. 2, 2015
Nearby Sections
15
§ 554.1011
Short title.§ 554.1012
Definitions.§ 554.1014
Applicability of act; scope; limitation.§ 554.1016
Appointment of receiver; circumstances; appointment without prior notice or hearing; security.§ 554.1018
Bond; alternative security.§ 554.1019
Status of receiver as lien creditor.§ 554.1022
Powers and duties of receiver.§ 554.1023
Duties of owner.§ 554.1024
Stay or injunction.Cite This Page — Counsel Stack
Bluebook (online)
Michigan § 554.985, Counsel Stack Legal Research, https://law.counselstack.com/statute/mi/554/554.985.