Michigan Compiled Laws § 290.672 Interest On Unpaid Assessment.

290.672 Interest on unpaid assessment.

Sec. 22.

If the assessment is not paid by the date specified by a committee as permitted under section 5(g), the unpaid assessment shall be subject to an interest charge of 1% per month.

History: Add. 1974, Act 324, Imd. Eff. Dec. 15, 1974 ;-- Am. 1996, Act 216, Imd. Eff. May 28, 1996 ;-- Am. 2002, Act 601, Imd. Eff. Dec. 20, 2002

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Last modified: October 10, 2016