Michigan § 570.306 Proceeds of sale; distribution; order of priority; return of remaining proceeds to vehicle owner; disposition of unclaimed money.

Michigan Statutes

§ 570.306 — Proceeds of sale; distribution; order of priority; return of remaining proceeds to vehicle owner; disposition of unclaimed money.

Michigan § 570.306

Ch. 570LIENS

Act 312 of 1915GARAGE KEEPER'S LIEN ACT (570.301-570.310)

This text of Michigan § 570.306 (Proceeds of sale; distribution; order of priority; return of remaining proceeds to vehicle owner; disposition of unclaimed money.) 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 § 570.306 (2026).

Text

GARAGE KEEPER'S LIEN ACT (EXCERPT) Act 312 of 1915 570.306 Proceeds of sale; distribution; order of priority; return of remaining proceeds to vehicle owner; disposition of unclaimed money. Sec. 6.

(1)After the amount of the lien under section 3 is paid to the garage keeper and the costs of the sale are deducted, any remaining money shall be paid to the following persons in this descending order of priority:

(a)A prior lienholder who gives notice to the garage keeper of his or her claim of lien before the distribution of the money realized from a sale under this act is complete.

(b)The reasonable charges of the garage keeper.

(c)The owner or owners of the vehicle as described in subsection (2).

(2)Proceeds of the sale remaining after the distribution is made under subsection (1) shall

Free access — add to your briefcase to read the full text and ask questions with AI

GARAGE KEEPER'S LIEN ACT (EXCERPT) Act 312 of 1915 570.306 Proceeds of sale; distribution; order of priority; return of remaining proceeds to vehicle owner; disposition of unclaimed money. Sec. 6. (1) After the amount of the lien under section 3 is paid to the garage keeper and the costs of the sale are deducted, any remaining money shall be paid to the following persons in this descending order of priority: (a) A prior lienholder who gives notice to the garage keeper of his or her claim of lien before the distribution of the money realized from a sale under this act is complete. (b) The reasonable charges of the garage keeper. (c) The owner or owners of the vehicle as described in subsection (2). (2) Proceeds of the sale remaining after the distribution is made under subsection (1) shall be returned to the owner of the vehicle by mailing the proceeds to the owner's last known address by certified mail. If the garage keeper cannot locate the owner within 14 calendar days after the date of the sale, the remaining money shall be transmitted to the department. If the owner does not claim the remaining money within 2 years after the date of the sale, it shall escheat to the state.