Michigan § 445.1457 - Liability of supplier or manufacturer failing or refusing to pay or credit account of dealer; right of dealer to bring action.
Full text of Michigan Michigan Compiled Laws § 445.1457 — Liability of supplier or manufacturer failing or refusing to pay or credit account of dealer; right of dealer to bring action., with citation guidance and answers to common questions.
§ 445.1457. Liability of supplier or manufacturer failing or refusing to pay or credit account of dealer; right of dealer to bring action.
If any supplier fails or refuses to pay or credit the account of the dealer for any inventory required to be repurchased by section 3 within 90 days after receipt by the supplier of that inventory, he or she shall be liable for 100% of the net cost of all tractors, equipment, and attachments returned or the current net price of all repair parts returned plus any freight charges paid by the dealer and interest on the current net price computed at the legal interest rate from the sixty-first day after receipt of the inventory.
A dealer located in this state shall not waive his or her right to bring any action under this act in the courts of this state. A dealer is not, by virtue of entering into an agreement with a supplier in another state, considered to be doing business in the other state. An action arising under provisions of this act shall be brought in the circuit court of the county in which the dealer has its principal place of business in Michigan.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 445.1457
What does Michigan Compiled Laws § 445.1457 cover?
Section 445.1457 ("Liability of supplier or manufacturer failing or refusing to pay or credit account of dealer; right of dealer to bring action.") is part of the Michigan Compiled Laws, the codified statutory law of Michigan. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Michigan § 445.1457?
A common citation format is "Michigan Compiled Laws § 445.1457" (Michigan). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Michigan law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Michigan official source linked on this page or consult a licensed Michigan attorney.
How does Michigan § 445.1457 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Michigan can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Michigan.