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Form a Business

Conduct constituting felony; penalty.

MCL 445.489
in effect
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445.489. Conduct constituting felony; penalty. Sec. 9. A dealer or an agent or employee of a dealer 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 4. (b) Knowingly falsifies the records kept as required by section 4. (c) Violates section 6. 1981, Act 95, Eff. Sept. 11, 1981
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-445-489Fetched: 10/20/2026

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