THE MICHIGAN PENAL CODE (EXCERPT) Act 328 of 1931
750.252 Possession of counterfeit notes with intent to utter same as true. Sec. 252.
Possession of counterfeit notes, etc., with intent to utter same - Any person who shall have in his possession at the same time, 10 or more similar false, altered, forged or counterfeit notes, bills of credit, bank bills or notes of this state, or any of its political subdivisions or municipalities, payable to the bearer thereof, or to the order of any person, such as are mentioned in the preceding sections of this chapter, knowing the same to be false, altered, forged or counterfeit, with intent to utter the same as true, and thereby to injure and defraud as aforesaid, shall be guilty of a felony, punishable by imprisonment in the state prison not more than 7 years.
History: 1931, Act 328, Eff. Sept. 18, 1931 ;-- Am. 1934, 1st Ex. Sess., Act 16, Imd. Eff. Mar. 28, 1934 ;-- CL 1948, 750.252 Former Law: See section 5 of Ch. 155 of R.S. 1846, being CL 1857, § 5806; CL 1871, § 7635; How., § 9217; CL 1897, § 11663; CL 1915, § 15436; and CL 1929, § 17052.
The Michigan Penal Code (Excerpt)
Act 328 of 1931
Section 252: Possession of Counterfeit Notes with Intent to Utter as True
In Michigan, it is a serious offense to possess counterfeit notes with the intention of passing them off as genuine. Section 252 of the Michigan Penal Code states that if a person knowingly possesses 10 or more counterfeit notes, bills of credit, bank bills, or notes that are similar and payable to the bearer or the order of a person, with the awareness that they are false, altered, forged, or counterfeit, and with the intent to deceive others by presenting them as authentic, they are committing a felony.
The possession of such counterfeit notes, bills, or bank bills is considered a crime because it aims to harm and defraud others. The punishment for this offense can include imprisonment in the state prison for a maximum period of seven years.
History: The Michigan Penal Code, Act 328, was enacted on September 18, 1931, with subsequent amendments in 1934. Previous laws addressing similar offenses can be found in statutes 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.