Michigan SB0087 suspends a liquor retailer's license for 14 days if they dishonor six or more payments to a wholesaler within 12 months.
Michigan SB0087 amends the 1998 Liquor Control Act by adding a new section that mandates the Liquor Control Commission to suspend a retailer's license for 14 days if the retailer dishonors six or more payments to a wholesaler within 12 consecutive months. This suspension applies when the retailer's payments are dishonored by a financial institution, violating section 903b. The bill aims to ensure financial reliability among liquor retailers.
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- Impact
- Legal Framework
- Critical Issues
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