Michigan Laws 129.222 – Acceptance of payment by financial transaction; prohibition
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Terms Used In Michigan Laws 129.222
- Financial transaction device: means any of the following:
(i) An electronic funds transfer card. See Michigan Laws 129.221Local unit: means any of the following:
(i) A village. See Michigan Laws 129.221
A local unit shall not accept a payment by financial transaction device if prohibited by law or charter. A local unit shall not accept a payment by financial transaction device more than 6 months after the effective date of this act unless it complies with section 3.