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Code · Michigan · Chapter 750 — Michigan Penal Code

750.157n Stealing, taking, or removing financial transaction device; possession of fraudulent or altered financial transaction device.

102 words·~1 min read·/mi/chapter-750/750-157n

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750.157n Stealing, taking, or removing financial transaction device; possession of fraudulent or altered financial transaction device.
Sec. 157n.
(1)A person who steals knowingly takes, or knowingly removes a financial transaction device from the person or possession of a deviceholder, or who knowingly retains, knowingly possesses, knowingly secretes, or knowingly uses a financial transaction device without the consent of the deviceholder, is guilty of a felony.
(2)A person who knowingly possesses a fraudulent or altered financial transaction device is guilty of a felony.
History: Add. 1967, Act 255, Eff. Nov. 2, 1967 ;-- Am. 1987, Act 276, Eff. Mar. 30, 1988
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