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Michigan Compiled Laws, Chapter 434. Lost and Unclaimed Property § 434.25

Current as of January 01, 2025 | Updated by Findlaw Staff

Sec. 5. (1) The law enforcement agency shall send a notice by first class mail to any known legal owner of collectible currency, currency, evidence, perishable property, or property of major value to the last known address of record. The notice shall contain the following information:

(a) The date the property was found.

(b) The type of property found.

(c) The address where the property is located.

(d) The cost of storage per day, if any.

(e) A statement that the property must be claimed within 6 months of the date of the letter or the property shall be considered abandoned and disposed of under the provisions of this act.

(f) The name of the law enforcement agency, the address, and the telephone number where the legal owner can obtain the property.

(2) Property described in subsection (1) not claimed within 6 months after the date of the notice may be disposed of pursuant to section 6.  1

1 M.C.L.A. § 434.26.
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Cite this article: FindLaw.com - Michigan Compiled Laws, Chapter 434. Lost and Unclaimed Property § 434.25 - last updated January 01, 2025 | https://codes.findlaw.com/mi/chapter-434-lost-and-unclaimed-property/mi-comp-laws-434-25/

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