Federal and State Laws
Michigan Compiled Laws Act 280 Of 1995 Financial Transaction Device Payments (129.221 - 129.224)
AN ACT to authorize local units of government to accept financial transaction device payments.
1995, Act 280, Imd. Eff. Jan. 9, 1996
Section 129.221 Definitions.
As used in this act: (a) “Credit card” means a card or device issued by a person licensed under 1984 PA 379, MCL 493.101...
Section 129.222 Acceptance Of Payment By Financial Transaction; Prohibition.
A local unit shall not accept a payment by financial transaction device if prohibited by law or charter. A local unit shall not accept...
Section 129.223 Adoption Of Resolution; Determination Of Acceptable Financial Transaction Devices.
(1) Before a local unit accepts a payment by financial transaction device for a tax, assessment, or fee, the governing body of the local...
Section 129.224 Authority Of Courts Not Affected.
This act does not affect the authority of the courts to make determinations concerning the acceptance of financial transaction devices for court costs and...
Last modified: October 10, 2016