Michigan Compiled Laws § 567.242 Liquidation Or Conversion Of Property Into Money; Receipt Of Dividends, Interest, Or Other Increments.

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.

History: 1995, Act 29, Eff. Mar. 28, 1996

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Last modified: October 10, 2016