460.629 Failure to collect and remit assessments; penalties.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
Michigan Legal Code