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Michigan Legislature
Michigan Compiled Laws Complete Through PA 255 of 2017
House: Adjourned until Wednesday, January 17, 2018 1:30:00 PM
Senate: Adjourned until Wednesday, January 17, 2018 10:00:00 AM

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Section 328.232

Jump to the first occurrence of "PREPAID FUNERAL"

PREPAID FUNERAL AND CEMETERY SALES ACT (EXCERPT)
Act 255 of 1986


328.232 Conversion of funds as felony; violation as misdemeanor; penalties.

Sec. 22.

(1) A person who converts funds paid pursuant to a prepaid contract to his or her own use or benefit other than as authorized by this act or who fails to escrow or trust funds according to this act is guilty of a felony punishable by a fine of $5,000.00 or imprisonment of not more than 5 years, or both, for each violation.

(2) A person who violates any other provision of this act is guilty of a misdemeanor punishable by a fine of not more than $1,000.00 or imprisonment for not more than 1 year, or both, for each violation.


History: 1986, Act 255, Eff. July 1, 1987 ;-- Am. 2004, Act 21, Eff. Jan. 1, 2005
Compiler's Notes: For transfer of powers and duties of certain occupational functions, boards, and commissions from the Department of Licensing and Regulation to the Department of Commerce, see E.R.O. No. 1991-9, compiled at MCL 338.3501 of the Michigan Compiled Laws.


© 2017 Legislative Council, State of Michigan

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