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Code · Michigan · Chapter 445 — Trade and Commerce

445.487 Failure to make entry in records as misdemeanor or felony; penalty.

116 words·~1 min read·/mi/chapter-445/445-487

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445.487 Failure to make entry in records as misdemeanor or felony; penalty.
Sec. 7.
(1)A dealer or an agent or employee of a dealer who knowingly fails to make an entry of any material matter in his or her records kept as required by section 4 is guilty of a misdemeanor, punishable by imprisonment for not more than 1 year, or a fine of $1,000.00, or both.
(2)A dealer or an agent or employee of a dealer who knowingly violates subsection
(1)a subsequent time is guilty of a felony, punishable by imprisonment for not more than 2 years, or a fine of $5,000.00, or both.
History: 1981, Act 95, Eff. Sept. 11, 1981
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