257.1132 Total loss of vehicle; surrender of title, junking. Sec. 32. When payment is made for property damage to a vehicle which payment represents the total value of the vehicle less the $200.00 deductible the secretary may require that the certificate of title of the vehicle be surrendered for cancellation as a junk vehicle. When the certificate of title is surrendered under this section the secretary shall issue a memorandum of title which will enable the owner of the vehicle to dispose of it as junk or salvage. History: Add. 1969, Act 252, Imd. Eff. Aug. 11, 1969
Michigan Legal Code