SB825 — Property: abandoned; compensation for use of geologic pore space; modify period for transfer to department of treasury. Amends sec. 3 of 1995 PA 29 (MCL 567.223). TIE BAR WITH: SB 0822'26, SB 0823'26, SB 0824'26, SB 0826'26, SB 0827'26

SB825 — Property: abandoned; compensation for use of geologic pore space; modify period for transfer to department of treasury. Amends sec. 3 of 1995 PA 29 (MCL 567.223). TIE BAR WITH: SB 0822'26, SB 0823'26, SB 0824'26, SB 0826'26, SB 0827'26 · Informed CitizenryThis bill amends the Uniform Unclaimed Property Act (1995 PA 29) to modify the period during which property is presumed abandoned. Specifically, it establishes that compensation for the use of geol…Open in Informed Citizenry