Michigan § 434.154 - Lost, unclaimed or abandoned personal property in custody of state; professional opinion as to intrinsic value; appraiser's opinion as to value.
Full text of Michigan Michigan Compiled Laws § 434.154 — Lost, unclaimed or abandoned personal property in custody of state; professional opinion as to intrinsic value; appraiser's opinion as to value., with citation guidance and answers to common questions.
§ 434.154. Lost, unclaimed or abandoned personal property in custody of state; professional opinion as to intrinsic value; appraiser's opinion as to value.
Should the said appraisers be unable to decide whether or not certain articles of lost or abandoned property are of intrinsic or commercial value, professional opinion may be sought. No fee shall be payable for such opinion. Whether or not professional opinion is sought as to the value of any article of lost or abandoned property, the opinion of the said appraisers, made in the exercise of ordinary care and pursuant to this act, shall be prima facie evidence of the value of such property.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 434.154
What does Michigan Compiled Laws § 434.154 cover?
Section 434.154 ("Lost, unclaimed or abandoned personal property in custody of state; professional opinion as to intrinsic value; appraiser's opinion as to value.") is part of the Michigan Compiled Laws, the codified statutory law of Michigan. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Michigan § 434.154?
A common citation format is "Michigan Compiled Laws § 434.154" (Michigan). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Michigan law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Michigan official source linked on this page or consult a licensed Michigan attorney.
How does Michigan § 434.154 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Michigan can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Michigan.