Michigan Laws 750.157p – Possession or control of another’s financial transaction device with intent to use, deliver, circulate, or sell
Current as of: 2024 | Check for updates
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Attorney's Note
Under the Michigan Laws, punishments for crimes depend on the classification. In the case of this section:| Class | Prison | Fine |
|---|---|---|
| H | up to 4 years |
Terms Used In Michigan Laws 750.157p
- Deviceholder: means either of the following:
(i) The person or organization who requests a financial transaction device and to whom or for whose benefit a financial transaction device is subsequently issued. See Michigan Laws 750.157mfelony: when used in this act, shall be construed to mean an offense for which the offender, on conviction may be punished by death, or by imprisonment in state prison. See Michigan Laws 750.7 Financial transaction device: means any of the following:
(i) An electronic funds transfer card. See Michigan Laws 750.157mperson: may extend and be applied to bodies politic and corporate, as well as to individuals. See Michigan Laws 8.3l
A person who has in his or her possession, or under his or her control, or who receives from another person a financial transaction device with the intent to use, deliver, circulate, or sell the financial transaction device, or to permit, cause, or procure the financial transaction device to be used, delivered, circulated, or sold, knowing the possession, control, receipt, use, delivery, circulation, or sale to be without the consent of the deviceholder, is guilty of a felony.