§ 750.276Promise to vendee of grain to sell at fictitious price; signature to note

Sec. 276.
    Procuring signature to note, etc., as consideration for promise to vendee of grain to sell
 same at fictitious price—Any person who, either for his own benefit, or as the agent of any
 corporation, company, association or person, procures the signature of any person or maker,
 indorser, guarantor or surety thereon, to any bond, bill, receipt, promissory note, draft, check
 or any other evidence of indebtedness as the whole or part consideration for any bond,
 contract, agreement or promise given to the vendee of any grain, seed or other cereals, binding
 the vendor or any other person, corporation, company or association, or the agent thereof, to


                                                                   Michigan Compiled Laws Complete Through PA 91 of 2026
Rendered Sunday, September 6, 2026            Page 246 of 465                               Courtesy of legislature.mi.gov

 sell for such vendee any grain, seed, or cereals at a fictitious price, or at a price equal to or
 more than twice the market price of such grain, seed or cereals, shall be guilty of a felony.