Sec. 157n.
(1) A person who steals knowingly takes, or knowingly removes a financial transaction device from the person or possession of a deviceholder, or who knowingly retains, knowingly possesses, knowingly secretes, or knowingly uses a financial transaction device without the consent of the deviceholder, is guilty of a felony.
(2) A person who knowingly possesses a fraudulent or altered 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
Structure Michigan Compiled Laws
Chapter 750 - Michigan Penal Code
Act 328 of 1931 - The Michigan Penal Code (750.1 - 750.568)
328-1931-XXIVA - Chapter Xxiva Credit Cards (750.157m...750.157w)
Section 750.157m - Definitions.
Section 750.157s - Use of Revoked or Cancelled Financial Transaction Device With Intent to Defraud.
Section 750.157t - Sales to or Services Performed for Violators.
Section 750.157u - Causing Deviceholder to Be Charged or Overcharged.