Sec. 5.
A dealer or agent who does any of the following is guilty of a felony, punishable by imprisonment for not more than 2 years, or a fine of $5,000.00, or both:
(a) Totally fails to record a transaction on a record of transaction form as required by section 2.
(b) Knowingly falsifies a record required by section 2.
History: 1986, Act 119, Eff. Mar. 31, 1987