Michigan § 434.154 Lost, unclaimed or abandoned personal property in custody of state; professional opinion as to intrinsic value; appraiser's opinion as to value.

Michigan Statutes

§ 434.154 — Lost, unclaimed or abandoned personal property in custody of state; professional opinion as to intrinsic value; appraiser's opinion as to value.

Michigan § 434.154

Ch. 434LOST AND UNCLAIMED PROPERTY

Act 238 of 1957DISPOSITION OF LOST, UNCLAIMED, OR ABANDONED PERSONAL PROPERTY (434.151-434.156)

This text of Michigan § 434.154 (Lost, unclaimed or abandoned personal property in custody of state; professional opinion as to intrinsic value; appraiser's opinion as to value.) 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 § 434.154 (2026).

Text

DISPOSITION OF LOST, UNCLAIMED, OR ABANDONED PERSONAL PROPERTY (EXCERPT) Act 238 of 1957 434.154 Lost, unclaimed or abandoned personal property in custody of state; professional opinion as to intrinsic value; appraiser's opinion as to value. Sec.

4.Should the said appraisers be unable to decide whether or not certain articles of lost or abandoned property are of intrinsic or commercial value, professional opinion may be sought. No fee shall be payable for such opinion. Whether or not professional opinion is sought as to the value of any article of lost or abandoned property, the opinion of the said appraisers, made in the exercise of ordinary care and pursuant to this act, shall be prima facie evidence of the value of such property.

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DISPOSITION OF LOST, UNCLAIMED, OR ABANDONED PERSONAL PROPERTY (EXCERPT) Act 238 of 1957 434.154 Lost, unclaimed or abandoned personal property in custody of state; professional opinion as to intrinsic value; appraiser's opinion as to value. Sec. 4. Should the said appraisers be unable to decide whether or not certain articles of lost or abandoned property are of intrinsic or commercial value, professional opinion may be sought. No fee shall be payable for such opinion. Whether or not professional opinion is sought as to the value of any article of lost or abandoned property, the opinion of the said appraisers, made in the exercise of ordinary care and pursuant to this act, shall be prima facie evidence of the value of such property.