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Home » US Law » 2022 Michigan Compiled Laws » Chapter 482 - Bills of Lading » Act 165 of 1911 - Uniform Bills of Lading Act (482.1 - 482.56) » Section 482.50 – Bills; Issuance of Non-Negotiable Bill Not So Marked, Penalty.
482.50 Bills; issuance of non-negotiable bill not so marked, penalty.

Sec. 50.

Any person who with intent to defraud issues or aids in issuing a non-negotiable bill without the words “not negotiable” placed plainly upon the face thereof, shall be guilty of a crime, and upon conviction shall be punished for each offense by imprisonment not exceeding 5 years, or by a fine not exceeding 5,000 dollars, or by both.

History: 1911, Act 165, Eff. Aug. 1, 1911 ;– CL 1915, 8223 ;– CL 1929, 11565 ;– CL 1948, 482.50