Mich. Comp. Laws § 567.229
Current through Public Act 57 of the 2024 Legislative Session
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.
MCL 567.229