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Michigan Compiled Laws Complete Through PA 178 of 2019
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Act 224 of 1955
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Act 224 of 1955

AN ACT to regulate sales at public auction; to provide for the issuing of licenses; and to prescribe penalties for violations of the provisions of this act.

History: 1955, Act 224, Imd. Eff. June 18, 1955

© 2017 Legislative Council, State of Michigan

The People of the State of Michigan enact:

Section 446.51SectionSale of new merchandise at public auction; license required.
Section 446.52SectionLicenses; application, filing, contents.
Section 446.53SectionLicenses; bond; amount; beneficiaries; conditions; liability; service of process; jurisdiciton; joinder of parties.
Section 446.54SectionLicenses; fees.
Section 446.55SectionLicenses; issuance, transferability, validity.
Section 446.56SectionReport of sale and inventory of unsold merchandise; filing.
Section 446.57SectionLicensing of sales by auction; definitions.
Section 446.58SectionCappers, boosters, shillers or false bids prohibited.
Section 446.59SectionNonapplication of act as to certain sales.
Section 446.60SectionViolation of act; penalty.
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