Michigan Compiled Laws § 750.159h “records” Or “documenting Materials” And “substituted Proceeds” Defined.


750.159h “Records” or “documenting materials” and “substituted proceeds” defined.

Sec. 159h.

As used in this chapter:

(a) “Records” or “documentary materials” means a book, paper, document, writing, drawing, graph, chart, photograph, phonorecord, magnetic tape, computer program or printout, any other data compilation from which information can be obtained or translated into usable form, or any other functionally similar tangible item.

(b) “Substituted proceeds” means any real, personal, or intangible property obtained or any gain realized by the sale or exchange of proceeds.


History: Add. 1995, Act 187, Eff. Apr. 1, 1996


Section: Previous  750.159f  750.159g  750.159h  750.159i  750.159j  750.159k  750.159l  750.159m  750.159n  750.159o  750.159p  750.159q  750.159r  750.159s  750.159t  Next

Last modified: October 10, 2016