2006 Michigan Compiled Laws - Mich. Comp. Laws § 493.64d Violation as misdemeanor; penalty.

THE SECONDARY MORTGAGE LOAN ACT (EXCERPT)
Act 125 of 1981


493.64d Violation as misdemeanor; penalty.

Sec. 14d.

Any current or former executive officer, director, agent, or control person who violates a final order issued under section 14a is guilty of a misdemeanor punishable by a fine of not more than $5,000.00 or imprisonment for not more than 1 year, or both.


History: Add. 2002, Act 392, Imd. Eff. May 30, 2002
Popular Name: Secondary Mortgage Loan Act



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