Michigan Compiled Laws Act 39 Of 1961 Regulation Of Certain Sales (442.211 - 442.226)

AN ACT to regulate insurance, bankruptcy, mortgage, insolvent, assignee's, executor's, administrator's, receiver's, trustee's removal and closing out sales, and sales of goods, wares and merchandise damaged by fire, smoke, water or otherwise; to provide penalties for the violation hereof; and to repeal certain acts and parts of acts.

History: 1961, Act 39, Eff. Sept. 8, 1961

Section 442.211 Conduct Of Certain Sales; Definitions.
As used in this act: (a) “Going out of business sale” means any sale, whether described by such name or by any other name...
Section 442.212 Conduct Of Certain Sales; License Required; Application Of Act.
No person shall advertise, represent or hold out that any sale of goods is an insurance, bankruptcy, mortgage, insolvent, assignee's, executor's, administrator's, receiver's, trustee's,...
Section 442.213 Licenses; Application, Contents.
Any applicant for a license under this act shall file an application in writing and under oath with the appropriate clerk setting out the...
Section 442.214 Licenses; Issuance, Restrictions.
(1) The clerk, upon receipt of an application giving fully and completely the information under oath as required by section 3 and upon receipt...
Section 442.215 Conduct Of Certain Sales; Conditions.
No person shall advertise or otherwise to represent, for sale, or sell, any goods as a bankruptcy, executor's, administrator's, receiver's, or trustee's sales, except...
Section 442.216 Licenses; Terms, Renewal, Fee.
(1) A license to conduct a sale issued under this act shall not be issued or valid for a period of more than 30...
Section 442.217 Licenses; Application, Inventory, Posting; Advertisement, Announcement; Contents.
A copy of the application for a license to conduct a sale under this act, including the inventory filed herewith, shall be posted in...
Section 442.218 Licenses; Application, Clerk's Records.
Every city, village or township clerk to whom application is made, shall indorse upon the application the date of its filing, shall preserve the...
Section 442.219 Licenses; False Statement, Penalty.
Any person making a false statement in the application provided for in this act is guilty of perjury and shall be imprisoned in the...
Section 442.220 Licenses; Scope; Goods, Removal; Effect.
The license as provided for in section 2 of this act shall be valid only for a sale of the goods inventoried and described...
Section 442.221 Conduct Of Sales; Purchase Of Goods Prior To Sale Prohibited; Evidence.
No person in contemplation of conducting an insurance, bankrupt, mortgage, insolvent, assignee's, executor's, administrator's, receiver's, trustee's, removal or going out of business sale, or...
Section 442.222 Conduct Of Sales; Addition Of Goods During Sale, False Description Or Inventory Prohibited.
No person carrying on or conducting an insurance, bankrupt, mortgage, insolvent, assignee's, executor's, administrator's, receiver's, trustee's, removal or going out of business sale, or...
Section 442.223 Advertisement Before Compliance With Act, Penalty.
Any person who advertises, represents or holds out any sale of goods to be an insurance, bankrupt, mortgage, insolvent, assignee's, executor's, administrators, receiver's, trustee's,...
Section 442.224 Violation Of Act; Misdemeanor, Penalty.
Any person who holds, conducts, or carries on any sale of goods as an insurance, bankrupt, mortgage, insolvent's, assignee's, executor's, administrator's, receiver's, trustee's, removal...
Section 442.225 Persons Exempt From Act.
The provisions of this act shall not apply to sheriffs, constables, or other public or court officers, or to any other person or persons...
Section 442.226 Repeal.
Act No. 319 of the Public Acts of 1917, as amended, being sections 442.201 to 442.209 of the Compiled Laws of 1948, is hereby...

Last modified: October 10, 2016