Michigan § 487.804 - Violation of act; penalty.
Full text of Michigan Michigan Compiled Laws § 487.804 — Violation of act; penalty., with citation guidance and answers to common questions.
§ 487.804. Violation of act; penalty.
If any person shall carry on, or be engaged in carrying on, the business of a broker or exchange dealer, contrary to the provisions of this act, such person shall be deemed guilty of a misdemeanor, and on conviction thereof, shall be punished by fine not less than 100 dollars, nor more than 1,000 dollars, at the discretion of the court.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 487.804
What does Michigan Compiled Laws § 487.804 cover?
Section 487.804 ("Violation of act; penalty.") is part of the Michigan Compiled Laws, the codified statutory law of Michigan. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Michigan § 487.804?
A common citation format is "Michigan Compiled Laws § 487.804" (Michigan). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Michigan law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Michigan official source linked on this page or consult a licensed Michigan attorney.
How does Michigan § 487.804 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Michigan can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Michigan.