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Current as of January 01, 2025 | Updated by Findlaw Staff
Sec. 6. (1) After the amount of the lien under section 3 1 is paid to the garage keeper and the costs of the sale are deducted, any remaining money shall be paid to the following persons in this descending order of priority:
(a) A prior lienholder who gives notice to the garage keeper of his or her claim of lien before the distribution of the money realized from a sale under this act is complete.
(b) The reasonable charges of the garage keeper.
(c) The owner or owners of the vehicle as described in subsection (2).
(2) Proceeds of the sale remaining after the distribution is made under subsection (1) shall be returned to the owner of the vehicle by mailing the proceeds to the owner's last known address by certified mail. If the garage keeper cannot locate the owner within 14 calendar days after the date of the sale, the remaining money shall be transmitted to the department. If the owner does not claim the remaining money within 2 years after the date of the sale, it shall escheat to the state.
Cite this article: FindLaw.com - Michigan Compiled Laws, Chapter 570. Liens § 570.306 - last updated January 01, 2025 | https://codes.findlaw.com/mi/chapter-570-liens/mi-comp-laws-570-306/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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