Michigan § 328.217 Deposit of funds with escrow agent; agreement to allow inspection and copying of records.

Michigan Statutes

§ 328.217 — Deposit of funds with escrow agent; agreement to allow inspection and copying of records.

Michigan § 328.217

Ch. 328DEAD HUMAN BODIES

Act 255 of 1986PREPAID FUNERAL AND CEMETERY SALES ACT (328.211-328.235)

This text of Michigan § 328.217 (Deposit of funds with escrow agent; agreement to allow inspection and copying of records.) is published on Counsel Stack Legal Research, covering Michigan primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mich. Comp. Laws § 328.217 (2026).

Text

PREPAID FUNERAL AND CEMETERY SALES ACT (EXCERPT) Act 255 of 1986 328.217 Deposit of funds with escrow agent; agreement to allow inspection and copying of records. Sec. 7. A registrant who deposits funds with an escrow agent under this act shall have in effect at all times an agreement under which the escrow agent has, under the following circumstances, agreed to allow inspection and copying of records maintained by it pertaining to funds held or managed by it:

(a)Upon the request by the department, to inspect or copy records pertaining to any or all funds held or managed by the escrow agent.

(b)Upon the request of the registrant or its agent, to inspect or copy records pertaining to any or all funds deposited by the registrant with the escrow agent.

(c)Upon the request of a contract buy

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PREPAID FUNERAL AND CEMETERY SALES ACT (EXCERPT) Act 255 of 1986 328.217 Deposit of funds with escrow agent; agreement to allow inspection and copying of records. Sec. 7. A registrant who deposits funds with an escrow agent under this act shall have in effect at all times an agreement under which the escrow agent has, under the following circumstances, agreed to allow inspection and copying of records maintained by it pertaining to funds held or managed by it: (a) Upon the request by the department, to inspect or copy records pertaining to any or all funds held or managed by the escrow agent. (b) Upon the request of the registrant or its agent, to inspect or copy records pertaining to any or all funds deposited by the registrant with the escrow agent. (c) Upon the request of a contract buyer or a contract beneficiary to inspect or copy records pertaining to funds held or managed by the escrow agent pursuant to a prepaid contract to which the contract buyer is a party or for whose benefit it was entered into. (d) Upon order of a court of competent jurisdiction.

Legislative History

1986, Act 255, Eff. July 1, 1987 ;-- Am. 2004, Act 21 , Eff. Jan. 1, 2005 Compiler's Notes: For transfer of powers and duties of certain occupational functions, boards, and commissions from the Department of Licensing and Regulation to the Department of Commerce, see E.R.O. No. 1991-9, compiled at MCL 338.3501 of the Michigan Compiled Laws.