Michigan Compiled Laws
Mich. Comp. Laws § 446.57 (2026)
Licensing of sales by auction; definitions.
✓ current as of July 2026
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PUBLIC AUCTIONS
Act 224 of 1955
446.57 Licensing of sales by auction; definitions.
Sec. 7.
"New merchandise" as used in this act shall mean all merchandise not previously sold at retail. "Auction sale" as used in this act shall mean the offering for sale or selling of personal property to the highest bidder, or offering for sale or selling of personal property at a high price and then offering the same at successive lower prices until a buyer is secured.
History: 1955, Act 224, Imd. Eff. June 18, 1955
Notes of Decisions
Cited in 1
case, 2018–2018 · leading case: Marquette Prop. Grp. Inc v. Range Bank Na Tr. (Mich. Ct. App. 2018).
Marquette Prop. Grp. Inc v. Range Bank Na Tr. (Mich. Ct. App. 2018). “2105(1), or to sales of personal property, see MCL 446.57, respectively. Thus, neither is of any aid in determining the proper procedure for conducting an auction of real property.”
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