Section 750.126 - Intent of chapter.
THE MICHIGAN PENAL CODE (EXCERPT)
Act 328 of 1931
750.126 Intent of chapter.
Sec. 126.
Intent of chapter—It is the intention of this chapter to prevent, punish and prohibit within this state, the business now engaged in and conducted in places commonly known and designated as bucket shops, and also to include the practice now commonly known as bucket shopping by any person or persons, agents, corporations, associations or copartnerships who or which ostensibly carry on the business or occupation of commission merchants or brokers in grain, provisions, cotton, coffee, petroleum, stocks, bonds or other commodities whatsoever.
History: 1931, Act 328, Eff. Sept. 18, 1931 ;-- CL 1948, 750.126
Former Law: See section 1 of Act 336 of 1907, being CL 1915, § 7805; and CL 1929, § 9133.