For AI agents: read the machine-readable documentation index at /llms.txt or the single-file full reference at /llms-full.txt.
Form a Business

Bills; issuance of non-negotiable bill not so marked, penalty.

MCL 482.50
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
482.50. Bills; issuance of non-negotiable bill not so marked, penalty. Sec. 50. Any person who with intent to defraud issues or aids in issuing a non-negotiable bill without the words “not negotiable” placed plainly upon the face thereof, shall be guilty of a crime, and upon conviction shall be punished for each offense by imprisonment not exceeding 5 years, or by a fine not exceeding 5,000 dollars, or by both. 1911, Act 165, Eff. Aug. 1, 1911; CL 1915, 8223; CL 1929, 11565; CL 1948, 482.50
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-482-50Fetched: 10/20/2026

Starting a business in Michigan? Michigan LLC guide: costs and requirements