Michigan § 567.256 Agreement to compensate for recovery of property; enforcement; agreement between locator and apparent unclaimed property owner.

Michigan Statutes

§ 567.256 — Agreement to compensate for recovery of property; enforcement; agreement between locator and apparent unclaimed property owner.

Michigan § 567.256

Ch. 567ESCHEATS

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

This text of Michigan § 567.256 (Agreement to compensate for recovery of property; enforcement; agreement between locator and apparent unclaimed property owner.) 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 § 567.256 (2026).

Text

UNIFORM UNCLAIMED PROPERTY ACT (EXCERPT) Act 29 of 1995 567.256 Agreement to compensate for recovery of property; enforcement; agreement between locator and apparent unclaimed property owner. Sec. 36.

(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).

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UNIFORM UNCLAIMED PROPERTY ACT (EXCERPT) Act 29 of 1995 567.256 Agreement to compensate for recovery of property; enforcement; agreement between locator and apparent unclaimed property owner. Sec. 36. (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).