This section of Michigan law addresses crimes related to counterfeit marks, union labels, and fraudulent securities. It specifies penalties for possessing or creating counterfeit marks, imitating union labels without authorization, and fraudulently issuing securities of domestic corporations. Penalties generally include fines and imprisonment, emphasizing the state's commitment to protecting intellectual property and financial integrity.
Possessing a counterfeit mark, die, plate, or material with intent to use or create a counterfeit, or without authorization, can lead to misdemeanor charges with penalties up to one year in jail or a $1,000 fine.
Counterfeiting or unauthorized use of a union label is considered a misdemeanor, punishable by fines or imprisonment, to protect labor organization trademarks.
Fraudulently issuing or causing the issuance of stock, scrip, or debt instruments of a domestic corporation is illegal and can result in criminal penalties.
A 'person' includes individuals, partnerships, corporations, government entities, and other legal entities involved in counterfeit mark-related offenses.