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U.S. State Codes
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Michigan
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Chapter 567 - Escheats
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Act 29 of 1995 Uniform Unclaimed Property Act (...
Act 29 of 1995 Uniform Unclaimed Property Act (567.221 - 567.265)
Section 567.221 Short Title.
Section 567.222 Definitions.
Section 567.223 Unclaimed Property Held in Ordinary Course of Business; Presumption.
Section 567.224 Unclaimed Property; Conditions; Requirements.
Section 567.224a Exception.
Section 567.225 Outstanding Travelers Checks, Money Orders, or Similar Written Instruments.
Section 567.226 Outstanding Checks, Drafts, or Similar Instruments.
Section 567.227 Demand, Savings, or Matured Time Deposit.
Section 567.228 Unclaimed Life or Endowment Insurance Policy or Annuity Contract.
Section 567.228a Unclaimed Prepaid Funeral Contract.
Section 567.228b Demutualization of Insurance Company; Property; Presumption; Report; Definition.
Section 567.229 Unclaimed Deposit for Utility Services.
Section 567.230 Determination or Order by Court or Administrative Agency of Refund by Business Association.
Section 567.231 Repealed. 2004, Act 385, Imd. Eff. Oct. 12, 2004.
Section 567.231a Abandonment of Ownership Interest; Exceptions.
Section 567.232 Unclaimed Property From Dissolved Business Association.
Section 567.233 Property Held in Fiduciary Capacity.
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 567.236 Unpaid Wages.
Section 567.237 Property Held in Safe Deposit Box or Repository.
Section 567.238 Report of Presumed Abandoned Property; Duties of Property Holder; Administration and Public Awareness of Unclaimed Property Filing and Compliance Requirements; Applicability of Certain Provisions to Owners of Property on Active Duty Military Service.
Section 567.239 Notice; Publication in Newspaper; Requirements.
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 567.243 Sale of Abandoned Property.
Section 567.244 Disposition of Funds; Deductions; Transfer of Funds to Senior Care Respite Fund.
Section 567.245 Claim of Interest in Property.
Section 567.246 Claim of Interest in Property by Another State.
Section 567.247 Action to Establish Claim in Circuit Court.
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 567.251b Streamlined Audit Process; Election; Audit.
Section 567.252 Maintenance of Records; Required Time Periods.
Section 567.253 Enforcement of Action; Jurisdiction.
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 567.255 Failure to Pay or Deliver Property; Penalties; Waiver.
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 567.257a Exemptions; "Association" Defined.
Section 567.258 Duty Arising Before Effective Date of Act.
Section 567.259 Administrator as Successor to State Board of Escheats.
Section 567.260 Rules.
Section 567.261 Applicability and Construction of Act.
Section 567.262 Applicability of Act to Property Subject to Another Statute.
Section 567.263 Repealed. 1997, Act 195, Imd. Eff. Dec. 30, 1997.
Section 567.264 Repeal of Mcl 567.11 to 567.76.
Section 567.265 Effective Date.