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NOTE: Dates reflect any modification to item, not necessarily a change in law.
Chapter 567
- ESCHEATS
Act 186 of 1943 ‑ Repealed- DISPOSAL OF CERTAIN STATE ASSET LANDS (567.101 - 567.104)
Act 63 of 1949 ‑ Repealed- UNCLAIMED PERSONAL PROPERTY (567.201 - 567.206)
Section 567.223 ‑ Unclaimed property held in ordinary course of business; presumption.
Section 567.225 ‑ Outstanding travelers checks, money orders, or similar written instruments.
Section 567.228 ‑ Unclaimed life or endowment insurance policy or annuity contract.
Section 567.228b ‑ Demutualization of insurance company; property; presumption; report; definition.
Section 567.230 ‑ Determination or order by court or administrative agency of refund by business association.
Section 567.234 ‑ Property held by court, governmental agency, or public corporation or authority.
Section 567.235 ‑ Gift certificate, gift card, or credit memo; presumption of abandonment; considered as used or claimed; presumption of amount abandoned; act inapplicable to gift certificate defined in MCL 445.903e.
Section 567.238 ‑ Report of presumed abandoned property; duties of property holder; applicability of certain provisions to owners of property on active duty military service.
Section 567.240 ‑ Payment or delivery of abandoned property to administrator; duplicate certificate.
Section 567.241 ‑ Payment or delivery of abandoned property to administrator; rights of property holder.
Section 567.242 ‑ Liquidation or conversion of property into money; receipt of dividends, interest, or other increments.
Section 567.244 ‑ Disposition of funds; deductions; transfer of funds to senior care respite fund.
Section 567.248 ‑ Property declined by administrator; destruction or disposition of property by holder; failure of owner to act in relation to property for 2 years.
Section 567.249 ‑ Determination of insubstantial commercial value; destruction or disposition of property.
Section 567.250 ‑ Expiration of time period specified by contract, statute, or court order; exception; commencement of action or proceeding.
Section 567.251 ‑ Verified report of unclaimed property being held; examination of records to determine compliance with act; notice; audit; incomplete records; cost of examination; failure to maintain records; insufficient records for preparation of report; issuance of check in streamlined process; "substantially complete records" defined.
Section 567.251a ‑ Failure of holder to report or deliver unclaimed property; notice of examination determination; request for reconsideration; notice of appeal; hearing; decision; filing action in circuit court; waiver of penalties or interest; "notice of examination determination" defined.
Section 567.254 ‑ Agreements with other states to exchange information; advisement and consultation; enforcement; action brought by attorney general in name of another state; action brought in another state in name of administrator.
Section 567.256 ‑ Agreement to compensate for recovery of property; enforcement; agreement between locator and apparent unclaimed property owner.
Section 567.256a ‑ Receipt of unclaimed property account information by locator; value; format; registration of locator; prohibition.
Section 567.257 ‑ Property held, due, and owing in foreign country; applicability of act.
Section 567.262 ‑ Applicability of act to property subject to another statute.