Mich. Comp. Laws § 14.134
This is the official text of Mich. Comp. Laws § 14.134, part of Michigan’s Comp. Laws — part of the compiled statutory law of Michigan, published by the state as "Comp. Laws." Browse the sections below, each linked to its official government source.
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Action by attorney general; settlement and compromise of claims and accounts.
Official statutory text
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.
History: 1927, Act 375, Imd. Eff. June 2, 1927; CL 1929, 194; CL 1948, 14.134; Am. 1983, Act 233, Imd. Eff. Dec. 1, 1983
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.
History: 1927, Act 375, Imd. Eff. June 2, 1927; CL 1929, 194; CL 1948, 14.134; Am. 1983, Act 233, Imd. Eff. Dec. 1, 1983
Status: in_force · Read it on the official government site
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