Michigan Compiled Laws § 388.936 State Loans To School District; False Statements, Concealment; Penalty.

388.936 State loans to school district; false statements, concealment; penalty.

Sec. 6.

Any person who shall knowingly make any false statement or conceal any material information for the purpose of obtaining a loan under the provisions of this act, or use the proceeds of a loan or any portion thereof for any purpose not authorized by this act shall be guilty of a felony.

History: 1955, Act 151, Imd. Eff. June 7, 1955

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Last modified: October 10, 2016