THE MICHIGAN PENAL CODE (EXCERPT) Act 328 of 1931
750.254 Possession of counterfeit bank, state or municipal bills or notes. Sec. 254.
Possession of counterfeit bank bills, etc. - Any person who shall bring into this state, or shall have in his possession, any false, altered, forged or counterfeit bill or note in the similitude of the bills or notes payable to the bearer thereof, or to the order of any person issued by or for this state, or any of its political subdivisions or municipalities, or any bank or banking company, established in this state, or in any of the British provinces in North America, or in any other state or country, with intent to utter or pass the same, or to render the same current as true, knowing the same to be false, forged or counterfeit, shall be guilty of a felony, punishable by imprisonment in the state prison not more than 5 years, or by fine of not more than 2,500 dollars.
History: 1931, Act 328, Eff. Sept. 18, 1931 ;-- Am. 1934, 1st Ex. Sess., Act 16, Imd. Eff. Mar. 28, 1934 ;-- CL 1948, 750.254 Former Law: See section 8 of Ch. 155 of R.S. 1846, being CL 1857, § 5809; CL 1871, § 7638; How., § 9220; CL 1897, § 11666; CL 1915, § 15439; and CL 1929, § 17055.
The Michigan Penal Code (Excerpt)
Act 328 of 1931
Section 254: Possession of Counterfeit Bank, State, or Municipal Bills or Notes
The possession of counterfeit currency is a serious offense under the Michigan Penal Code. According to Section 254, it is illegal for any person to bring into the state or have in their possession any false, altered, forged, or counterfeit bill or note that resembles genuine bills or notes payable to the bearer or the order of any person. These counterfeit bills or notes may be imitations of currency issued by the state of Michigan, its political subdivisions or municipalities, or any bank or banking company operating in the state, as well as those from British provinces in North America or any other state or country.
If an individual possesses such counterfeit bills or notes with the intent to utter or pass them as genuine or to circulate them as valid currency, knowing that they are false, forged, or counterfeit, they are committing a felony offense. The penalty for this offense can result in imprisonment in the state prison for up to five years or a fine of up to $2,500.
History: The Michigan Penal Code, Act 328, was enacted on September 18, 1931, with subsequent amendments in 1934. Similar offenses were addressed in previous laws dating back to 1846.
Note: This summary is provided for informational purposes only and should not be considered legal advice. For accurate and up-to-date information, consult legal professionals or refer to the original statutes and legal authorities within the Michigan Penal Code.