2006 Michigan Compiled Laws - Mich. Comp. Laws § 570.153 Building contract fund; evidence of fraudulent detention or use.
Act 259 of 1931 570.153 Building contract fund; evidence of fraudulent detention or use. Sec. 3. The appropriation by a contractor, or any subcontractor, of any moneys paid to him for building operations before the payment by him of all moneys due or so to become due laborers, subcontractors, materialmen or others entitled to payment, shall be evidence of intent to defraud.
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