The web Browser you are currently using is unsupported, and some features of this site may not work as intended. Please update to a modern browser such as Chrome, Firefox or Edge to experience all features Michigan.gov has to offer.
If a customer eligible for a repayment plan doesn't request (verbally/written) a repayment plan prior to the DP transaction maturity due date, can the licensee present the customer's check into the check-clearing process on the maturity due date?
Yes. It would not be a violation of the act to present the customer's check into the check-clearing process on the maturity due date.