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  6. Chapter 445 - Trade and Com...
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  8. Act 95 of 1981 The Precious Metal and Gem Deale...


Act 95 of 1981 The Precious Metal and Gem Dealer Act (445.481 - 445.492)


  • Section 445.481 Short Title.
  • Section 445.482 Definitions.
  • Section 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.
  • Section 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.
  • Section 445.485 Retaining Precious Item for 9 Calendar Days; Alteration.
  • Section 445.486 Prohibited Conduct.
  • Section 445.487 Failure to Make Entry in Records as Misdemeanor or Felony; Penalty.
  • Section 445.488 Violation of Mcl 445.483(7) or (8) or 445.484(1)(e), (3), (4), or (5) as Misdemeanor or Felony; Penalty.
  • Section 445.489 Conduct Constituting Felony; Penalty.
  • Section 445.490 Violation of Mcl 445.483(1) or 445.485 as Felony; Penalty.
  • Section 445.491 Action Against Dealer; Grounds; Damages, Costs, and Attorneys' Fees.
  • Section 445.492 Effective Date.
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