Michigan § 431.254 - Delivery of funds and reports; release and discharge for liability; exception.
Full text of Michigan Michigan Compiled Laws § 431.254 — Delivery of funds and reports; release and discharge for liability; exception., with citation guidance and answers to common questions.
§ 431.254. Delivery of funds and reports; release and discharge for liability; exception.
The licensee upon taking proper receipt from the racing commissioner for funds and records delivered to the racing commissioner under this act and delivering a copy of the cashed winning ticket to the racing commissioner shall be released and discharged for all liability or accountability to the owner of the funds, as well as the requirements of preparing and filing of any report concerning the property to a state, county or municipal board, commission or agency, except those that were required or accrued before the date of the required delivery of the funds and report to the racing commissioner. However, the delivery of the funds and reports to the racing commissioner by a licensee shall not release or discharge the licensee from the powers granted to the commissioner under section 5.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 431.254
What does Michigan Compiled Laws § 431.254 cover?
Section 431.254 ("Delivery of funds and reports; release and discharge for liability; exception.") 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 § 431.254?
A common citation format is "Michigan Compiled Laws § 431.254" (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 § 431.254 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.