257.1352a Form of payment.
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/mi/chapter-257/257-1352aA research copy — for the controlling text, always check the official state or federal source. Not legal advice.
257.1352a Form of payment.
Sec. 2a.
In a transaction concerning the buying or receiving of any used motor vehicle tires, tire wheels or rims, or continuous tire tread, the only methods of payment a dealer may use to pay a customer are a check, a money order, a bank draft, or a direct deposit or electronic transfer to the customer's account at a financial institution. If a payment is made by check, money order, or bank draft under this section, the dealer must mail that payment to the customer at the address shown on the identification required under section 2(1)(f).
History: Add. 2016, Act 112 , Eff. Aug. 8, 2016