A dealer or agent who does any of the following is guilty of a felony, punishable by imprisonment for not more than 2 years, or a fine of $5,000.00, or both:
  (a) Totally fails to record a transaction on a record of transaction form as required by section 2.

Attorney's Note

Under the Michigan Laws, punishments for crimes depend on the classification. In the case of this section:
ClassPrisonFine
Hup to 2 years
For details, see Mich. Comp. Laws ch. 777 pt. 2

Terms Used In Michigan Laws 257.1355

  • Agent: means an individual who, for compensation or valuable consideration, is employed either directly or indirectly by a dealer. See Michigan Laws 257.1351
  • Dealer: means any person that engages in the ordinary course of repeated and recurrent transactions of buying or receiving used motor vehicle parts from persons other than a licensee. See Michigan Laws 257.1351
  (b) Knowingly falsifies a record required by section 2.