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Mich. Comp. Laws § 28.404

Stolen property; receipts from sale credited to general fund

1937, Act 203, Eff

Sec. 4. After the holding of any such sale, the money received from such sale, after deducting the cost of the conducting thereof, and any other money recovered and held included in the notice provided for in section 3, shall be turned over to the state treasurer to be credited to the general fund of the state.

Official source: Michigan Legislature. Reproduced from public-domain Michigan statutes; confirm against the official source for the current text. Not legal advice.