2010 Michigan Compiled Laws
Chapter 445 - TRADE AND COMMERCE
Act 224 of 1966 - RETAIL INSTALLMENT SALES ACT (445.851 - 445.873)
Section 445.862a - Submission of invoice evidencing credit card sale.

RETAIL INSTALLMENT SALES ACT (EXCERPT)
Act 224 of 1966

445.862a Submission of invoice evidencing credit card sale.

Sec. 12a.

If a retail seller elects to accept a credit card issued by a bank, the retail seller shall not submit an invoice evidencing such credit card sale to the card issuer until the goods or services purchased with the credit card have been delivered to the purchaser.


History: Add. 1978, Act 120, Imd. Eff. Apr. 25, 1978

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