HOUSE BILL No. 4413


     March 11, 1999, Introduced by Reps. Bob Brown, Schermesser, DeHart, Bogardus, Thomas, Basham, Neumann, Frank, Rivet, Pestka, Sheltrown, Wojno, Gieleghem, Spade, Woodward, Lockwood, Toy,  Patterson, Julian, Garcia, O'Neil and Raczkowski and referred to the Committee on Insurance and Financial Services.


        A bill to amend 1931 PA 328, entitled

   "The Michigan penal code,"

   (MCL 750.1 to 750.568) by adding sections 219e and 219f.

               THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

 1         SEC. 219E.  (1) A PERSON SHALL NOT PREPARE OR SUBMIT AN

 2    APPLICATION FOR A LOAN OR OTHER FINANCIAL CREDIT IN ANOTHER

 3    PERSON'S NAME WITHOUT AUTHORIZATION FROM THAT OTHER PERSON.

 4         (2) A PERSON WHO VIOLATES SUBSECTION (1) IS GUILTY OF A

 5    FELONY PUNISHABLE BY IMPRISONMENT FOR NOT MORE THAN 4 YEARS OR A

 6    FINE OF NOT MORE THAN $2,500.00, OR BOTH.

 7         SEC. 219F.  (1) A PERSON SHALL NOT FORWARD AN APPLICATION

 8    FOR A LOAN OR OTHER FINANCIAL CREDIT ON BEHALF OF A PERSON TO

 9    ANOTHER PERSON KNOWING OR HAVING REASON TO KNOW THE APPLICATION

10    HAS BEEN PREPARED OR IS BEING SUBMITTED IN VIOLATION OF THIS

11    CHAPTER.


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 1         (2) A PERSON WHO VIOLATES THIS SECTION IS GUILTY OF A FELONY

 2    PUNISHABLE BY IMPRISONMENT FOR NOT MORE THAN 4 YEARS OR A FINE OF

 3    NOT MORE THAN $100,000.00, OR BOTH.


















































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