Section 567.224a - Exception(1) Except as provided in subsection (2), property is not subject to the custody of this state as unclaimed property if its value is $25.00 or less.(2) Subsection (1) does not apply to property described in section 11a or dividends.Added by 2015, Act 242,s 2, eff. 12/22/2015. 2015, Act 242, Enacting section 1, states, "This amendatory act is retroactive and applies to audits in progress as of August 15, 2015, but does not retroactively apply to contested determinations in litigation before the date of enactment of this amendatory act."