2010 Michigan Compiled Laws
Chapter 487 - FINANCIAL INSTITUTIONS
Act 160 of 1859 - BROKERS AND EXCHANGE DEALERS (487.801 - 487.807)
Section 487.804 - Violation of act; penalty.
BROKERS AND EXCHANGE DEALERS (EXCERPT)Act 160 of 1859
487.804 Violation of act; penalty.
Sec. 4.
If any person shall carry on, or be engaged in carrying on, the business of a broker or exchange dealer, contrary to the provisions of this act, such person shall be deemed guilty of a misdemeanor, and on conviction thereof, shall be punished by fine not less than 100 dollars, nor more than 1,000 dollars, at the discretion of the court.
History: 1859, Act 160, Eff. May 18, 1859
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CL 1871, 1628
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How. 3131
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CL 1897, 5274
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CL 1915, 6718
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CL 1929, 9713
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CL 1948, 487.804
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