257.1355 Felonious conduct; penalty.
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/mi/chapter-257/257-1355A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
257.1355 Felonious conduct; penalty.
Sec. 5.
A dealer or agent 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 2.
(b)Knowingly falsifies a record required by section 2.
History: 1986, Act 119, Eff. Mar. 31, 1987