Sec. 5. (1) A person who violates this act is guilty of a misdemeanor punishable by imprisonment for not more than 90 days, or a fine of not more than $1,000.00, or both. Each transaction in violation of this act constitutes a separate offense. (2) A credit services organization that violates this act is barred from recovering any fees or other charges from a buyer.
Mich. Comp. Laws § 445.1825
Violation as misdemeanor; penalty; separate offense; recovery of fees or other charges
1994, Act 160, Imd
Official source: Michigan Legislature. Reproduced from public-domain Michigan statutes; confirm against the official source for the current text. Not legal advice.