554.532 Custodial property; receipt and discharge.
43 words·~1 min read·
/mi/chapter-554/554-532A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
554.532 Custodial property; receipt and discharge.
Sec. 12.
A written acknowledgment of delivery by a custodian constitutes a sufficient receipt and discharge for custodial property transferred to the custodian pursuant to this act.
History: 1998, Act 433 , Imd. Eff. Dec. 30, 1998