The bill amends the Michigan liquor control code of 1998 by adding a new section, Sec. 804. This section mandates that the liquor control commission must suspend the license of a retailer for a period of 14 days if the retailer has made six or more payments to a wholesaler that have been dishonored by a financial institution. This violation must occur on different dates within a span of 12 consecutive months.

The intent of this amendment is to enforce stricter regulations on retailers regarding their financial transactions with wholesalers, thereby promoting accountability and financial integrity within the liquor distribution system in Michigan.

Statutes affected:
Senate Introduced Bill: 436.1101, 436.2303
As Passed by the Senate: 436.1101, 436.2303