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Interest on unpaid assessment.

MCL 290.672
in effect
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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. 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
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-290-672Fetched: 10/20/2026

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