State Codes and Statutes
Statutes > Michigan > Chapter-445 > Act-95-of-1981 > Section-445-491THE PRECIOUS METAL AND GEM DEALER ACT (EXCERPT)
Act 95 of 1981
445.491 Action against dealer; grounds; damages, costs, and attorneys' fees.
Sec. 11.
A person who has a precious item stolen, embezzled, or converted from him or her may bring an action for 3 times the amount of the damages, costs of suit, and reasonable attorneys' fees against any dealer who, by himself or herself or through his or her agent or employee, received or purchased the precious item knowing it was stolen, embezzled, or converted.
History: 1981, Act 95, Eff. Sept. 11, 1981
