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.
Mich. Comp. Laws § 460.629
Failure to collect and remit assessments; penalties
2020, Act 332, Imd
Official source: Michigan Legislature. Reproduced from public-domain Michigan statutes; confirm against the official source for the current text. Not legal advice.