Michigan Laws 207.534 – Prohibited conduct; violation as misdemeanor
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(1) A person shall not do any of the following:
(a) Fraudulently cut, tear, or remove a documentary stamp from a written instrument.
Terms Used In Michigan Laws 207.534
- Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
- Person: means an individual, partnership, corporation, limited liability company, association, governmental entity, or other legal entity. See Michigan Laws 207.522
- Tax: means the state real estate transfer tax imposed under this act. See Michigan Laws 207.522
- Value: means the current or fair market worth in terms of legal monetary exchange at the time of the transfer. See Michigan Laws 207.522
(b) Fraudulently affix to a written instrument upon which the tax is imposed by this act any of the following:
(i) A documentary stamp that has been cut, torn, or removed from another written instrument upon which the tax is imposed by this act.
(ii) A documentary stamp of insufficient value.
(iii) A forged or counterfeited stamp.
(iv) An impression of a forged or counterfeited stamp, die, plate, or other article.
(c) Willfully remove or alter the cancellation marks of a documentary stamp, restore a documentary stamp with the intent to use or cause the same to be used after it has already been used, knowingly buy, sell, offer for sale, or give away an altered or restored stamp to a person for use, or knowingly use an altered or restored stamp.
(d) Knowingly or willfully prepare, keep, sell, offer for sale, or have in his or her possession a forged or counterfeited documentary stamp.
(e) Knowingly or willfully issue a false or fraudulent affidavit described in section 5.
(2) A person who violates this section is guilty of a misdemeanor, punishable by imprisonment for not more than 1 year or a fine of not more than $500.00, or both.