Sec. 3. The appropriation by a contractor, or any subcontractor, of any moneys paid to him for building operations before the payment by him of all moneys due or so to become due laborers, subcontractors, materialmen or others entitled to payment, shall be evidence of intent to defraud.
Mich. Comp. Laws § 570.153
Building contract fund; evidence of fraudulent detention or use
Applied in 13 court decisions — leading case Carlisle Cashway, Inc. v. Johnson (1982)
Most recently applied in 288 Mich. App. 576 - BC Tile & Marble Co. v. Multi Building Co. (April 2010)
1931, Act 259, Eff
How often courts cite this section
Court decisions citing this, by year. The dip in the last several years is a data-coverage gap, not a real trend — our corpus holds fewer opinions from the most recent years, so recent citations are undercounted.
Official source: Michigan Legislature. Reproduced from public-domain Michigan statutes; confirm against the official source for the current text. Not legal advice.