Mich. Comp. Laws § 567.256

Current through Public Act 57 of the 2024 Legislative Session
Section 567.256 - Agreement to compensate for recovery of property; enforcement; agreement between locator and apparent unclaimed property owner
(1) An agreement to pay compensation to recover or assist in the recovery of property reported under section 18, made within 24 months after the date payment or delivery is made under section 20, is unenforceable.
(2) A written agreement between a locator and an apparent owner of unclaimed property is subject to subsection (1).

MCL 567.256

Amended by 2016, Act 312,s 2, eff. 10/6/2016.
1995, Act 29, Eff. 3/28/1996.