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§ 567.236 — Michigan Law | CourtGPT
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  4. Chapter 567 - Escheatsact 29 of 1995 - Uniform Unclaimed Property Act (567.221 - 567.265)/
  5. Statute Act 29 of 1995/
  6. § 567.236
Michigan Legal Code

§ 567.236

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567.236 Unpaid wages. Sec. 16. (1) Unpaid wages greater than $50.00, including wages represented by unpresented payroll checks greater than $50.00, owing in the ordinary course of the holder's business that remain unclaimed by the owner for more than 1 year after becoming payable are presumed abandoned. (2) Unpaid wages of $50.00 or less owing in the ordinary course of the holder's business that remain unclaimed by the owner for more than 1 year after becoming payable are not subject to this act. History: 1995, Act 29, Eff. Mar. 28, 1996 ;-- Am. 2002, Act 677, Imd. Eff. Dec. 30, 2002