Mich. Comp. Laws § 487.1046
Civil fine.
Michigan · Michigan Compiled Laws — MONEY TRANSMISSION SERVICES ACT (Act 250 of 2006) · Status: effective
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- Citation
- Mich. Comp. Laws § 487.1046, Civil fine, Michigan, version 1 as recorded 2026-08-18, yourstate.us, https://yourstate.us/provision/1366367
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Full text
The commissioner may assess a civil fine against a person that violates this act, a rule promulgated or an order or ruling issued by the commissioner under this act, or any other applicable state or federal law in an amount that does not exceed $10,000.00 per day for each day the violation continues, plus this state's costs and expenses for the investigation and prosecution of the matter, including reasonable attorney fees.