This section of Michigan law addresses crimes related to financial transaction devices, including theft, possession of fraudulent devices, and unauthorized circulation or sale. It establishes that knowingly taking, possessing, or using such devices without consent is a felony, as is possessing or distributing devices obtained under illegal circumstances. Penalties apply to various forms of misuse and trafficking of financial transaction devices.
Stealing, knowingly possessing, using, or removing a financial transaction device without consent, as well as possessing or distributing fraudulent or altered devices, are crimes under Michigan law.
Possessing a fraudulent or altered financial transaction device is classified as a felony, which can result in significant fines and imprisonment.
Yes, if you possess or control a financial transaction device with the intent to use, deliver, circulate, or sell it without the deviceholder's consent, you can be charged with a felony.
Selling, circulating, or delivering a financial transaction device obtained under illegal circumstances is a felony, and knowingly doing so can lead to criminal charges.