Michigan — Statute

750.177 – Embezzlement by chattel mortgagor, vendee or lessee; penalty; enhanced sentence based on prior convictions | Michigan Law

Learn about Michigan's law on embezzlement of personal property under chattel mortgages, including penalties, valuation thresholds, and repeat offender rules.

Legal Content

Michigan State Law

750.177 – Embezzlement by chattel mortgagor, vendee or lessee; penalty; enhanced sentence based on prior convictions

Michigan Penal Code § 750.177

Summary

Michigan Penal Code Section 750.177 criminalizes embezzlement involving personal property under chattel mortgages, leases, or purchase contracts, with penalties based on the value of the property and prior convictions. The law specifies different punishments for property valued at $1,000 or more, with enhanced penalties for larger amounts or repeat offenders. It also details the circumstances under which the offense is classified as a felony with potential imprisonment and fines.

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In simple terms: Learn about Michigan's law on embezzlement of personal property under chattel mortgages, including penalties, valuation thresholds, and repeat offender rules.. This means people must follow this rule, and breaking it can lead to criminal penalties.