Michigan Compiled Laws
Mich. Comp. Laws § 445.485 (2026)
Retaining precious item for 9 calendar days; alteration.
✓ current as of July 2026
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THE PRECIOUS METAL AND GEM DEALER ACT
Act 95 of 1981
445.485 Retaining precious item for 9 calendar days; alteration.
Sec. 5.
A precious item received by a dealer shall be retained by the dealer for 9 calendar days after it was received, without any form of alteration other than that required to make an accurate appraisal of its value.
History: 1981, Act 95, Eff. Sept. 11, 1981 ;-- Am. 1990, Act 34, Eff. May 1, 1990
Notes of Decisions
Cited in 2
cases, 1986–2004 · leading case: People v. Hock Shop Inc., 681 N.W.2d 669 (Mich. Ct. App. 2004).
People v. Hock Shop Inc., 681 N.W.2d 669 (Mich. Ct. App. 2004). “The third defendant, Vernon Jocque, was the employee of King Tut who sold items in violation of the act by failing to retain gold jewelry and gems for a period of seven days after their purchase, contrary to MCL 445.485, and knowingly receiving these items without recording…”
People v. King Tut, 394 N.W.2d 30 (Mich. Ct. App. 1986). “A two-count information was filed on January 4, 1985, charging Marc Levise, Vernon Jocque and King Tut with (1) failing to retain gold jewelry and gems for a period of seven days after their purchase, contrary to MCL 445.485; MSA 19.720(5), and (2) knowingly receiving these…”
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