Mich. Admin. Code R. 431.5030

Current through Vol. 24-10, June 15, 2024

Section R. 431.5030 - Closing of accounts

Rule 5030.

(1) An account holder or the TPF may close an account under the procedure approved by the executive director.

(2) If an account holder dies, unclaimed cash balances in the account must only be released to the decedent's legal representative upon receipt of a copy of a valid death certificate, after which the account must be closed.

Mich. Admin. Code R. 431.5030

2021 MR 6, Eff. 3/26/2021