Michigan Compiled Laws Act 119 Of 1964 Refund Of Down Payment On Vendor's Rescission Of Sale (445.141 - 445.142)

AN ACT to make it unlawful for vendors of goods to refuse to refund the down payment made upon the purchase price thereof in kind upon rescission of the sale; and to provide a penalty for the violation of this act.

History: 1964, Act 119, Eff. Aug. 28, 1964

Section 445.141 Vendor's Rescission Of Sale Of Goods; Refund; Goods, Possession.
When any person, partnership, association or corporation sells goods, wares and merchandise to any person on credit and receives partial payment of the purchase...
Section 445.142 Violation Of Act; Penalty.
Any person who violates the provisions of this act is guilty of a misdemeanor. History: 1964, Act 119, Eff. Aug. 28, 1964

Last modified: October 10, 2016