Section 567.237 - Property held in safe deposit box or repository.
UNIFORM UNCLAIMED PROPERTY ACT (EXCERPT)
Act 29 of 1995
567.237 Property held in safe deposit box or repository.
Sec. 17.
All property held in a safe deposit box or any other safekeeping repository in this state in the ordinary course of the holder's business and proceeds resulting from the sale of the property permitted by law, that remain unclaimed by the owner for more than 5 years after the lease or rental period on the box or other repository has expired, are presumed abandoned.
History: 1995, Act 29, Eff. Mar. 28, 1996