Unpaid Wages - Mich. Comp. Laws Section 567.236
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Michigan Laws > Escheats > Unpaid Wages - Mich. Comp. Laws Section 567.236
567.236 Unpaid wages.
Sec. 16.
(1) Unpaid wages greater than $50.00, including wages represented by unpresented payroll checks greater than $50.00, owing in the ordinary course of the holder's business that remain unclaimed by the owner for more than 1 year after becoming payable are presumed abandoned.
(2) Unpaid wages of $50.00 or less owing in the ordinary course of the holder's business that remain unclaimed by the owner for more than 1 year after becoming payable are not subject to this act.
History: 1995, Act 29, Eff. Mar. 28, 1996
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Am. 2002, Act 677, Imd. Eff. Dec. 30, 2002
Section: 567.229 567.230 567.231a 567.232 567.233 567.234 567.235 567.236 567.237 567.238 567.239 567.240 567.241 567.242 567.243
Last modified: March 17, 2013
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