Does the state of Michigan owe you money? Find out here
Last year, state returned $150 million to Michiganders
About 10 million Michiganders might be owed money. Are you one of them?
Last year, the Michigan Department of Treasury’s unclaimed property office returned more than $150 million to rightful owners or their heirs.
Visit the Michigan Unclaimed Property website and enter your name to find out.
“I encourage individuals and business representatives to visit our refreshed website to see if we may be holding property in their name or in the name of their business,” Terry Stanton, who oversees the unclaimed property program, said in a statement. “Our unclaimed property database is updated throughout the year, so just like spring cleaning, an annual check of our site is always a good idea.”
Michigan Unclaimed Property, within the Michigan Department of Treasury, is the custodian of millions of dollars in lost or forgotten assets. These include dormant bank accounts, uncashed checks, stock certificates and valuables left in abandoned safe deposit boxes.
These properties are turned over to the state once they are determined to be lost or abandoned, as required by law.
Michigan Unclaimed Property then works to reunite the properties with their rightful owners.
Michigan Capitol Confidential is the news source produced by the Mackinac Center for Public Policy. Michigan Capitol Confidential reports with a free-market news perspective.