State Codes and Statutes
Statutes > Michigan > Chapter-445 > Act-95-of-1981 > Section-445-490THE PRECIOUS METAL AND GEM DEALER ACT (EXCERPT)
Act 95 of 1981
445.490 Violation of MCL 445.483(1) or 445.485 as felony; penalty.
Sec. 10.
A dealer who violates section 3(1) or 5 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