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Michigan Compiled Laws, Chapter 436. Alcoholic Beverages § 436.1903b

Current as of January 01, 2025 | Updated by Findlaw Staff

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.

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Cite this article: FindLaw.com - Michigan Compiled Laws, Chapter 436. Alcoholic Beverages § 436.1903b - last updated January 01, 2025 | https://codes.findlaw.com/mi/chapter-436-alcoholic-beverages/mi-comp-laws-436-1903b/

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