Michigan Code § 460.629

Failure to Collect and Remit Assessments; Penalties.
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Sec. 9.
A person that fails to collect or remit an assessment under this act shall pay to the commission the amount due, plus both of the following:
(a) A late fee of 10% of the amount due.
(b) An additional late fee of 1% of the amount due for each month the payment is overdue.
History: 2020, Act 332, Imd. Eff. Dec. 29, 2020

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