Sec. 95.
Issuing or circulating spurious bank notes—Any person who shall, with intent to defraud, sign, issue or put in circulation any note or bill, purporting to be a bill or note of any bank, when no such bank exists, shall be guilty of a felony, punishable by imprisonment in the state prison not more than 10 years or by fine of not more than 5,000 dollars.
History: 1931, Act 328, Eff. Sept. 18, 1931 ;-- CL 1948, 750.95 Former Law: See section 32 of Ch. 154 of R.S. 1846, being CL 1857, § 5776; CL 1871, § 7583; How., § 9154; CL 1897, § 11568; CL 1915, § 15313; and CL 1929, § 16909.
Structure Michigan Compiled Laws
Chapter 750 - Michigan Penal Code
Act 328 of 1931 - The Michigan Penal Code (750.1 - 750.568)
328-1931-XIII - Chapter XIII Bank, Deposit and Trust Companies (750.93...750.101)
Section 750.93 - Bank Bonds in State Treasury, Removing or Destroying.
Section 750.94 - Bank Bills or Notes; Issuing, Non-Compliance With Requirements.
Section 750.95 - Spurious Bank Notes; Issuing or Circulating.
Section 750.96 - Bank Property; Fraudulent Disposal.
Section 750.97 - Repealed. 2015, Act 210, Eff. Mar. 14, 2016.
Section 750.98 - Private Banks.
Section 750.99 - Certifying Checks; Insufficient Funds.