Michigan law 750.219e makes identity theft for credit applications a felony, with exceptions for financial institutions and their employees. Penalties include imprisonment and fines.
Michigan Penal Code § 750.219e
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In simple terms: Michigan law 750.219e makes identity theft for credit applications a felony, with exceptions for financial institutions and their employees. Penalties include imprisonment and fines.. This means people must follow this rule, and breaking it can lead to criminal penalties.