Statutes > Michigan Statutes > Chapter 487 - FINANCIAL INSTITUTIONS > Act 89 of 1986 - MICHIGAN BIDCO ACT (487.1101 - 487.2001) > 89-1986-8 - ARTICLE 8 CERTAIN UNLAWFUL ACTIVITIES (487.1801...487.1819) > Section 487.1803 - Willful untrue statement or omission of material fact in application or report.

Section 487.1803 - Willful untrue statement or omission of material fact in application or report.

MICHIGAN BIDCO ACT (EXCERPT)
Act 89 of 1986

487.1803 Willful untrue statement or omission of material fact in application or report.

Sec. 803.

A person shall not willfully make an untrue statement of a material fact in an application or report filed with the commissioner under this act, or willfully omit to state in such an application or report a material fact required to be stated in the application or report.


History: 1986, Act 89, Imd. Eff. May 1, 1986