Bill Text: MI HB4563 | 2011-2012 | 96th Legislature | Engrossed
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: State; escheats; certain business-to-business exemption; provide for. Amends 1995 PA 29 (MCL 567.221 - 567.265) by adding sec. 37a.
Spectrum: Partisan Bill (Republican 11-0)
Status: (Passed) 2012-05-24 - Assigned Pa 144'12 With Immediate Effect [HB4563 Detail]
Download: Michigan-2011-HB4563-Engrossed.html
Bill Title: State; escheats; certain business-to-business exemption; provide for. Amends 1995 PA 29 (MCL 567.221 - 567.265) by adding sec. 37a.
Spectrum: Partisan Bill (Republican 11-0)
Status: (Passed) 2012-05-24 - Assigned Pa 144'12 With Immediate Effect [HB4563 Detail]
Download: Michigan-2011-HB4563-Engrossed.html
HB-4563, As Passed House, June 8, 2011
SUBSTITUTE FOR
HOUSE BILL NO. 4563
A bill to amend 1995 PA 29, entitled
"Uniform unclaimed property act,"
(MCL 567.221 to 567.265) by adding section 37a.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 37a. This act does not apply to any property issued,
held, due, or owing in any transaction between 2 or more business
associations or other business entities.