MCL - Section 290.672
Act 232 of 1965
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.
History: Add. 1974, Act 324, Imd. Eff. Dec. 15, 1974
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Am. 1996, Act 216, Imd. Eff. May 28, 1996
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Am. 2002, Act 601, Imd. Eff. Dec. 20, 2002