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Michigan · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Mich. Comp. Laws § 436.1903b: Payment by means dishonored by financial institution; violation of act; administrative fee.

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Where this section sits in the code
  1. MI Code
  2. Chapter 436
  3. Act Act-58-of-1998

Sec. 903b.

(1) A retailer violates this act if the retailer or the retailer's clerk, servant, agent, or employee makes a payment to a wholesaler by any means that has been dishonored by a financial institution for any reason.

(2) A wholesaler shall require a retailer that has made a payment to the wholesaler that has been dishonored by a financial institution to pay the wholesaler an administrative fee as follows:

(a) For the first dishonored payment, $50.00.

(b) For a second dishonored payment within 12 months of the first dishonored payment, $100.00.

(c) For a third dishonored payment within 12 months of the first dishonored payment, $150.00.

(d) For a fourth dishonored payment within 12 months of the first dishonored payment, $200.00.

(e) For a fifth or any subsequent dishonored payment within 12 months of the first dishonored payment, $250.00.

Collected 2026-09-14T18:32:31Z. Source file · JSON

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