Michigan Compiled Laws — INTEREST ON DUE AND UNPAID INTEREST (Act 11 of 1869)

Interest on due and unpaid interest; rate.

That when any installment of interest upon any note, bond, mortgage or other written contract shall have become due and the same shall remain unpaid, interest may be computed and collected on any such installment so due and unpaid, from the time at which it became due at the same rate as specified in any such note bond…