2010 Michigan Compiled Laws
Chapter 445 - TRADE AND COMMERCE
Act 429 of 2008 - NONFERROUS METAL REGULATORY ACT (445.421 - 445.443)

NONFERROUS METAL REGULATORY ACT
Act 429 of 2008
AN ACT to regulate the purchase and sale of certain nonferrous metals; to provide for disclosures by certain persons regarding certain transactions; to require the creation of records for certain purposes and for the use of certain databases by certain persons; and to provide for penalties and remedies.

History: 2008, Act 429, Eff. Apr. 1, 2009

• Section 445.421 - Short title.
• Section 445.423 - Definitions.
• Section 445.425 - Dealers; sellers; duties.
• Section 445.427 - Record of purchase transaction; maintenance; duration; location; contents of record of purchase transaction regarding nonferrous metal; exception.
• Section 445.429 - Article containing nonferrous metal; tagging and holding by dealer required; circumstances; creation and maintenance of records; certain sales prohibited.
• Section 445.431 - Database; registration with or subscription to required.
• Section 445.433 - Violation of MCL 445.427(1) or 445.429 as misdemeanor; buying or selling stolen nonferrous metal articles as felony; penalties.
• Section 445.435 - Violation of act as state civil infraction; fine.
• Section 445.437 - Private cause of action; damages; "value of the nonferrous metal article stolen" defined.
• Section 445.439 - Remedies.
• Section 445.441 - Effective date.
• Section 445.443 - Conditional effective date.