Would this assumption be correct about Michigan fishing laws regarding Private lakes. .. . . IF the lake is owned all the way around it by ONE person, has no inlets or outlets, and has never been stocked by the state then no rules apply. . if more then one owns around the lake then rules apply. . . if there is just ONE inlet or outlet, then rules apply, or if the state has EVER stocked fish in it, then rules apply. . . Wanna kill these ads? We can help!