114 chapters · 762 sections in this title.
Mich. Comp. Laws § 445.481 Short title.
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Sec. 1. This act shall be known and may be cited as "the precious metal and gem dealer act".
Mich. Comp. Laws § 445.482 Definitions.
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Sec. 2. As used in this act: (a) "Agent or employee" means a person who, for compensation or valuable consideration, is employed either directly or indirectly by a dealer. (b) "Dealer" means any person, corporation, partnership, or association, which, in whole or in part, engages…
Mich. Comp. Laws § 445.483 Dealer; certificate of registration required; internet drop-off store exempt from registration; application; fee; disclosures; dealer, agent, or employee convicted of misdemeanor or felony; compliance with local ordinances; issuance and posting of certificate; notification of change in name or address.
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Sec. 3. (1) A dealer shall not conduct business in a local governmental unit in this state unless the dealer has obtained a valid certificate of registration from that local governmental unit or local police agency. (2) This section does not require an internet drop-off store com…
Mich. Comp. Laws § 445.484 Permanent record of each transaction; forms; copies; information required; numbering; sending copy of record of transaction form to police agency or sheriff's department; inspection; confidentiality; retention period; size of form; definition.
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Sec. 4. (1) A dealer shall maintain a permanent record of each transaction, on record of transaction forms provided for in subsection (6), legibly written in ink in the English language. Each record of transaction form shall be filled out in quadruplicate by the dealer or agent o…