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Michigan · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Mich. Comp. Laws § 328.217: Deposit of funds with escrow agent; agreement to allow inspection and copying of records.

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Where this section sits in the code
  1. MI Code
  2. Chapter 328
  3. Act Act-255-of-1986

Sec. 7.

A registrant who deposits funds with an escrow agent under this act shall have in effect at all times an agreement under which the escrow agent has, under the following circumstances, agreed to allow inspection and copying of records maintained by it pertaining to funds held or managed by it:

Upon the request by the department, to inspect or copy records pertaining to any or all funds held or managed by the escrow agent.

Upon the request of the registrant or its agent, to inspect or copy records pertaining to any or all funds deposited by the registrant with the escrow agent.

Upon the request of a contract buyer or a contract beneficiary to inspect or copy records pertaining to funds held or managed by the escrow agent pursuant to a prepaid contract to which the contract buyer is a party or for whose benefit it was entered into.

Upon order of a court of competent jurisdiction.

Collected 2026-09-14T18:32:31Z. Source file · JSON

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