Michigan Compiled Laws Act 224 Of 1955 Public Auctions (446.51 - 446.60)

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

Section 446.51 Sale Of New Merchandise At Public Auction; License Required.
It shall be unlawful for any person, firm or corporation to sell, dispose of, or offer for sale at public auction at any place...
Section 446.52 Licenses; Application, Filing, Contents.
Any person, firm or corporation desiring such license shall, at least 10 days prior to such proposed auction sale, file with the township clerk...
Section 446.53 Licenses; Bond; Amount; Beneficiaries; Conditions; Liability; Service Of Process; Jurisdiciton; Joinder Of Parties.
At the time of filing said application, and as a part thereof, the applicant shall file and deposit with the township clerk a bond,...
Section 446.54 Licenses; Fees.
At the time of filing said application and bond the applicant shall pay to the township clerk a license fee in the sum of...
Section 446.55 Licenses; Issuance, Transferability, Validity.
Upon the filing of such application and after the applicant has fully complied with all the provisions of this act, the township board, by...
Section 446.56 Report Of Sale And Inventory Of Unsold Merchandise; Filing.
Within 10 days after the last day of said auction the applicant shall file in duplicate with the township board a listing of all...
Section 446.57 Licensing Of Sales By Auction; Definitions.
“New merchandise” as used in this act shall mean all merchandise not previously sold at retail. “Auction sale” as used in this act shall...
Section 446.58 Cappers, Boosters, Shillers Or False Bids Prohibited.
At any such sale by auction, no person shall act as “bidder,” or what is commonly known as a “capper,”“booster” or “shiller,” or offer...
Section 446.59 Nonapplication Of Act As To Certain Sales.
The provisions of this act shall not extend to the sale at public auction of livestock, farm machinery or farm produce, used homestead goods...
Section 446.60 Violation Of Act; Penalty.
Any person, firm or corporation found to be in violation of this act shall be guilty of a misdemeanor and may be punished by...

Last modified: October 10, 2016