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Michigan Legislature
Michigan Compiled Laws Complete Through PA 341 of 2018
House: Adjourned until Wednesday, November 7, 2018 1:30:00 PM

Michigan Legislature

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Section 567.249

UNIFORM UNCLAIMED PROPERTY ACT (EXCERPT)
Act 29 of 1995


567.249 Determination of insubstantial commercial value; destruction or disposition of property.

Sec. 29.

If the administrator determines after investigation that any property delivered under this act has insubstantial commercial value, the administrator may destroy or otherwise dispose of the property at any time. An action or proceeding shall not be maintained against the state or any officer or against the holder for or on account of any action taken by the administrator under this section.


History: 1995, Act 29, Eff. Mar. 28, 1996


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