Section 482.50 - Bills; issuance of non-negotiable bill not so marked, penalty.
UNIFORM BILLS OF LADING ACT (EXCERPT)
Act 165 of 1911
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