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Michigan Criminal Code: Credit Cards

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Forgery, alteration, simulation, or counterfeiting of financial transaction device

Published: 9 months ago
Subcategory:
Credit Cards

THE MICHIGAN PENAL CODE (EXCERPT) Act 328 of 1931

750.157r Forgery, alteration, simulation, or counterfeiting of financial transaction device. Sec. 157r.

A person who, with intent to defraud, forges, materially alters, simulates, or counterfeits a financial transaction device is guilty of a felony.

History: Add. 1967, Act 255, Eff. Nov. 2, 1967 ;-- Am. 1987, Act 276, Eff. Mar. 30, 1988

Simplified Explanation of Michigan Penal Code Section 750.157r

This section of the Michigan Penal Code deals with the act of forging, altering, simulating, or counterfeiting financial transaction devices with the intention to defraud. Here's a simplified explanation:

If a person, with the purpose of cheating or defrauding, forges (creates a fake), materially alters (changes an important part of), simulates (makes a close imitation of), or counterfeits (makes an unauthorized copy of) a financial transaction device (like a credit or debit card), they are committing a felony under Michigan law.

The important aspect of this law is the intent to defraud. If a person is knowingly and deliberately committing these actions with the goal to deceive or cheat, they are breaking the law and could be convicted of a felony.

This should be used for informational and general purposes only and should not be construed as legal advice or relied on aside for general information that may contain opinion.

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