Michigan § 567.237 - Property held in safe deposit box or repository.

Full text of Michigan Michigan Compiled Laws § 567.237 — Property held in safe deposit box or repository., with citation guidance and answers to common questions.

§ 567.237. Property held in safe deposit box or repository.

Sec. 17.

Except as otherwise provided in section 17a, all property held in a safe deposit box or any other safekeeping repository in this state in the ordinary course of the holder's business and proceeds resulting from the sale of the property permitted by law, that remain unclaimed by the owner for more than 3 years after the lease or rental period on the box or other repository has expired, are presumed abandoned.

Source: official Michigan text · Last verified 2026-08-27

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Frequently Asked Questions About Michigan § 567.237

What does Michigan Compiled Laws § 567.237 cover?

Section 567.237 ("Property held in safe deposit box or repository.") 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 § 567.237?

A common citation format is "Michigan Compiled Laws § 567.237" (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 § 567.237 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.