Michigan Laws 124.304 – Noncompliance; order limiting or suspending local unit’s authority
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Terms Used In Michigan Laws 124.304
- ACH policy: means the procedures and internal controls as determined under a written policy developed and adopted by the treasurer or the electronic transactions officer of a local unit under section 3. See Michigan Laws 124.301
- Local unit: means any of the following:
(i) A village. See Michigan Laws 124.301
After notice and hearing as provided under the administrative procedures act of 1969, 1969 PA 306, MCL 24.201 to 24.328, the department of treasury may issue an order limiting or suspending the authority of a local unit to make electronic transactions under this act for failure to comply with the requirements of this act or with the requirements of the local unit’s ACH policy.