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Code · Michigan · Chapter 450 — Corporations

450.795 Fraudulent procurement of contract prohibited; violation as felony; penalty.

98 words·~1 min read·/mi/chapter-450/450-795

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450.795 Fraudulent procurement of contract prohibited; violation as felony; penalty.
Sec. 5.
(1)A person shall not fraudulently procure or attempt to procure a contract under this act.
(2)A person who knowingly violates this act is guilty of a felony, punishable by imprisonment for not more than 2 years, or a fine of not less than $5,000.00, or both.
(3)A person found guilty of violating this act shall be barred from obtaining future contracts with the state.
History: 1988, Act 112, Eff. Mar. 30, 1989 ;-- Am. 1998, Act 73 , Imd. Eff. May 4, 1998
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