Public-domain · open source
OpenJurist

Mich. Comp. Laws § 445.1759

Termination of owner's rights to article; circumstances; business as owner of article; disposition of article

1989, Act 257, Imd

Sec. 9. (1) On or after the effective date of this act, the owner's rights to an article shall immediately terminate if any of the following circumstances exists: (a) The article was delivered to the business for the purpose of cleaning or repair services and has been in the possession of that business for more than 1 year after the date of delivery to that business. (b) The article was delivered to the business for the purpose of storage and has been in the possession of that business for more than 1 year after the date the storage agreement terminated or expired. (2) Upon the loss of the owner's rights to an article as provided for by this act, the business shall become the owner of the article. (3) A business may sell, donate, or otherwise dispose of an article upon the loss of the owner's rights to an article.

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