Section 567.229 - Unclaimed deposit for utility services. - Michigan Statutes

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Statutes > Michigan > Chapter-567 > Act-29-of-1995 > Section-567-229

UNIFORM UNCLAIMED PROPERTY ACT (EXCERPT)
Act 29 of 1995

567.229 Unclaimed deposit for utility services.

Sec. 9.

A deposit, including any interest on the deposit, made by a subscriber with a utility to secure payment or any sum paid in advance for utility services to be furnished, less any lawful deductions, that remains unclaimed by the owner for more than 1 year after termination of the services for which the deposit or advance payment was made is presumed abandoned.

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

State Codes and Statutes

Statutes > Michigan > Chapter-567 > Act-29-of-1995 > Section-567-229

UNIFORM UNCLAIMED PROPERTY ACT (EXCERPT)
Act 29 of 1995

567.229 Unclaimed deposit for utility services.

Sec. 9.

A deposit, including any interest on the deposit, made by a subscriber with a utility to secure payment or any sum paid in advance for utility services to be furnished, less any lawful deductions, that remains unclaimed by the owner for more than 1 year after termination of the services for which the deposit or advance payment was made is presumed abandoned.

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

State Codes and Statutes

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State Codes and Statutes

Statutes > Michigan > Chapter-567 > Act-29-of-1995 > Section-567-229

UNIFORM UNCLAIMED PROPERTY ACT (EXCERPT)
Act 29 of 1995

567.229 Unclaimed deposit for utility services.

Sec. 9.

A deposit, including any interest on the deposit, made by a subscriber with a utility to secure payment or any sum paid in advance for utility services to be furnished, less any lawful deductions, that remains unclaimed by the owner for more than 1 year after termination of the services for which the deposit or advance payment was made is presumed abandoned.

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