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Statutes > Michigan Statutes > Chapter 445 - TRADE AND COMMERCE > Act 95 of 1981 - THE PRECIOUS METAL AND GEM DEALER ACT (445.481 - 445.492)

Act 95 of 1981 - THE PRECIOUS METAL AND GEM DEALER ACT (445.481 - 445.492)

  • Section 445.481 - Short title.
  • Section 445.482 - Definitions.
  • Section 445.483 - Dealer; certificate of registration required; internet drop-off store exempt from registration; application; fee; disclosures; dealer, agent, or employee convicted of misdemeanor or
  • Section 445.484 - Permanent record of each transaction; forms; copies; information required; numbering; sending copy of record of transaction form to police agency or sheriff's department; inspect
  • Section 445.485 - Retaining precious item for 9 calendar days; alteration.
  • Section 445.486 - Prohibited conduct.
  • Section 445.487 - Failure to make entry in records as misdemeanor or felony; penalty.
  • Section 445.488 - Violation of MCL 445.483(7) or (8) or 445.484(1)(e), (3), (4), or (5) as misdemeanor or felony; penalty.
  • Section 445.489 - Conduct constituting felony; penalty.
  • Section 445.490 - Violation of MCL 445.483(1) or 445.485 as felony; penalty.
  • Section 445.491 - Action against dealer; grounds; damages, costs, and attorneys' fees.
  • Section 445.492 - Effective date.




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