Bill
SB 731
Liquor: other; payment of administrative fee to wholesaler for a payment dishonored by a financial institution; require. Amends sec. 903b of 1998 PA 58 (MCL 436.1903b).
2023-2024 Regular Session
Introduced by Rosemary Bayer and 16 co-sponsors
Michigan requires alcohol retailers to pay wholesalers' administrative fees when their checks or electronic payments are dishonored, shifting bank-related payment failure costs to retailers.
referred to second reading