2009 Michigan Laws 567.229 – Unclaimed deposit for utility services
Current as of: 2009 | Check for updates
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Sec. 9.
A deposit, including any interest on the deposit, made by a subscriber with a utility to secure payment or any sum paid in advance for utility services to be furnished, less any lawful deductions, that remains unclaimed by the owner for more than 1 year after termination of the services for which the deposit or advance payment was made is presumed abandoned.
History: 1995, Act 29, Eff. Mar. 28, 1996