{"data":{"id":"us-mi/mich.-comp.-laws-700.5432","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 700.5432","heading":"Payment of debt and delivery of property to foreign conservator without local proceedings.","body":"Sec. 5432.\n\nA person indebted to a protected individual or having possession of property or of an instrument evidencing a debt, stock, or chose in action belonging to a protected individual may pay or deliver the money, property, or instrument to a conservator, guardian of the estate, or other similar fiduciary appointed by a court of the protected individual's state of residence upon being presented with proof of appointment and a sworn statement made by or on behalf of the fiduciary stating both of the following:\n\nThat no protective proceeding that relates to the protected individual is pending in this state.\n\nThat the foreign fiduciary is entitled to payment or to receive delivery.\n\nIf the person to whom the sworn statement is presented is not aware of a protective proceeding pending in this state, payment or delivery in response to the demand and sworn statement discharges the debtor or possessor.","path":["MI Code","Chapter 700","Act Act-386-of-1998"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-700-5432","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"922ceb3e6ee4900bb43674db8d98ed34ae53f36858ba166f2b5bdcf12af1e19e","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-700.5431","next":"us-mi/mich.-comp.-laws-700.5433"},"notice":"GroundRules: Original legal text. Not legal advice."}