Michigan § 567.230 - Determination or order by court or administrative agency of refund by business association.
Full text of Michigan Michigan Compiled Laws § 567.230 — Determination or order by court or administrative agency of refund by business association., with citation guidance and answers to common questions.
§ 567.230. Determination or order by court or administrative agency of refund by business association.
Except to the extent otherwise ordered by the court or administrative agency, any sum that a business association has been ordered to refund by a court or administrative agency that remains unclaimed by the owner for more than 1 year after it became payable in accordance with the final determination or order providing for the refund, whether or not the final determination or order requires any person entitled to a refund to make a claim for the refund, is presumed abandoned.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 567.230
What does Michigan Compiled Laws § 567.230 cover?
Section 567.230 ("Determination or order by court or administrative agency of refund by business association.") 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 § 567.230?
A common citation format is "Michigan Compiled Laws § 567.230" (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 § 567.230 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.