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Michigan Statutes, Title 446

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Michigan/Statutes

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Title 446, BUSINESS REGULATION

10 chapters · 65 sections in this title.

All chapters in Title 44665 Ch 273-of-1917, PAWNBROKERS17 Ch R.S.-of-1846, Revised Statutes of 184610 Ch 224-of-1955, PUBLIC AUCTIONS10 Ch 550-of-2016, BAD-FAITH PATENT INFRINGEMENT CLAIMS ACT9 Ch 66-of-2009, REFUND ANTICIPATION LOAN DISCLOSURE ACT6 Ch 67-of-2009, REFUND ANTICIPATION LOAN ACT6 Ch 469-of-2008, RESTROOM ACCESS FOR PERSONS WITH MED…6 Ch 58-of-2022, DONATION OF UNCLAIMED SHOES1

10 sections·Filtered byTitle 446✕Ch 224-of-1955✕

Mich. Comp. Laws § 446.51 Sale of new merchandise at public auction; license required.
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Sec. 1. It shall be unlawful for any person, firm or corporation to sell, dispose of, or offer for sale at public auction at any place outside the limits of any city or village in the state of Michigan, or within the limits of any village in the state of Michigan that has not by …
Mich. Comp. Laws § 446.52 Licenses; application, filing, contents.
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Sec. 2. Any person, firm or corporation desiring such license shall, at least 10 days prior to such proposed auction sale, file with the township clerk of the township wherein it is proposed to hold such auction sale, an application in writing duly verified by the person, firm or…
Mich. Comp. Laws § 446.53 Licenses; bond; amount; beneficiaries; conditions; liability; service of process; jurisdiciton; joinder of parties.
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Sec. 3. At the time of filing said application, and as a part thereof, the applicant shall file and deposit with the township clerk a bond, with sureties to be approved by the township board, in the penal sum of 2 times the value of the merchandise proposed to be offered for sale…
Mich. Comp. Laws § 446.54 Licenses; fees.
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Sec. 4. At the time of filing said application and bond the applicant shall pay to the township clerk a license fee in the sum of $25.00 for each day it is supposed to hold such auction sale as shown by the application for such license.

Mich. Comp. Laws § 446.55 Licenses; issuance, transferability, validity.

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Sec. 5. Upon the filing of such application and after the applicant has fully complied with all the provisions of this act, the township board, by the township clerk, shall issue to the applicant a license authorizing the holding of such auction sale as proposed in said applicati…

Mich. Comp. Laws § 446.56 Report of sale and inventory of unsold merchandise; filing.

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Sec. 6. Within 10 days after the last day of said auction the applicant shall file in duplicate with the township board a listing of all merchandise sold at such auction and the prices received therefor, together with a detailed inventory of all merchandise unsold at the close of…

Mich. Comp. Laws § 446.57 Licensing of sales by auction; definitions.

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Sec. 7. "New merchandise" as used in this act shall mean all merchandise not previously sold at retail. "Auction sale" as used in this act shall mean the offering for sale or selling of personal property to the highest bidder, or offering for sale or selling of personal property …

Mich. Comp. Laws § 446.58 Cappers, boosters, shillers or false bids prohibited.

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Sec. 8. At any such sale by auction, no person shall act as "bidder," or what is commonly known as a "capper,""booster" or "shiller," or offer or make any false bid, or offer any false bid or pretend to buy any article sold or offered for sale at any sale by auction.

Mich. Comp. Laws § 446.59 Nonapplication of act as to certain sales.

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Sec. 9. The provisions of this act shall not extend to the sale at public auction of livestock, farm machinery or farm produce, used homestead goods or other items commonly sold at farm or homestead sales, or to auction sales by individuals of new merchandise, which was assessed …

Mich. Comp. Laws § 446.60 Violation of act; penalty.

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Sec. 10. Any person, firm or corporation found to be in violation of this act shall be guilty of a misdemeanor and may be punished by a fine not to exceed $100.00, or by imprisonment in the county jail not to exceed 90 days, or by both fine and imprisonment.