Michigan § 567.242 Liquidation or conversion of property into money; receipt of dividends, interest, or other increments.

Michigan Statutes

§ 567.242 — Liquidation or conversion of property into money; receipt of dividends, interest, or other increments.

Michigan § 567.242

Ch. 567ESCHEATS

Act 29 of 1995UNIFORM UNCLAIMED PROPERTY ACT (567.221-567.265)

This text of Michigan § 567.242 (Liquidation or conversion of property into money; receipt of dividends, interest, or other increments.) 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 § 567.242 (2026).

Text

UNIFORM UNCLAIMED PROPERTY ACT (EXCERPT) Act 29 of 1995 567.242 Liquidation or conversion of property into money; receipt of dividends, interest, or other increments. Sec.

22.If property other than money is paid or delivered to the administrator under this act, the owner is entitled to receive from the administrator any dividends, interest, or other increments realized or accruing on the property at or before liquidation or conversion of the property into money.

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UNIFORM UNCLAIMED PROPERTY ACT (EXCERPT) Act 29 of 1995 567.242 Liquidation or conversion of property into money; receipt of dividends, interest, or other increments. Sec. 22. If property other than money is paid or delivered to the administrator under this act, the owner is entitled to receive from the administrator any dividends, interest, or other increments realized or accruing on the property at or before liquidation or conversion of the property into money.