Sec. 12. Property distributable in the course of a dissolution of a business association that remains unclaimed by the owner for more than 1 year after the date specified for final distribution is presumed abandoned.
Mich. Comp. Laws § 567.232, under UNIFORM UNCLAIMED PROPERTY ACT.
Mich. Comp. Laws § 567.232
Sec. 12. Property distributable in the course of a dissolution of a business association that remains unclaimed by the owner for more than 1 year after the date specified for final distribution is presumed abandoned.