Sec. 4. For the purpose of carrying out this act, the attorney general may bring actions and the collection department may settle and compromise claims and accounts and receive and issue receipts for collections and payments subject to the supervisory control of the state administrative board. A claim or account in the amount of more than $750.00 shall not be compromised or settled at a greater discount than 15%, without the approval of the state administrative board.
Mich. Comp. Laws § 14.134
Action by attorney general; settlement and compromise of claims and accounts
Applied in 1 court decision — leading case 53 Mich. App. 78 - Castro v. Goemaere (1974)
Most recently applied in 53 Mich. App. 78 - Castro v. Goemaere (April 1974)
1927, Act 375, Imd
Official source: Michigan Legislature. Reproduced from public-domain Michigan statutes; confirm against the official source for the current text. Not legal advice.