EscheatFix logo EscheatFix

Michigan Unclaimed Property Reporting

Generate NAUPA II & NAUPA III files for Michigan. Secure, fast, and compliant.

Create Michigan Report

Reporting to Michigan

Holders of unclaimed property in Michigan must report to the state's unclaimed property division. EscheatFix helps you generate the required NAUPA II & NAUPA III file formats accepted by Michigan, ensuring compliance with specific property codes and dormancy periods.

Key Deadlines

  • Report Due (Life Insurance): July 1
  • Report Due (All Others): July 1
  • Payment Due (Life Insurance): July 1
  • Payment Due (All Others): July 1

Official Resources

Michigan Reporting Specifics

Michigan generally enforces a 3-year dormancy period for most banking and investment properties, including savings accounts, checking accounts, certificates of deposit, and securities. This 3-year standard is consistent across many asset classes in the state.

However, holders must be attentive to accelerated timelines for specific obligations. Wages and property resulting from business dissolution become reportable after just 1 year. Conversely, travelers checks have a significantly longer dormancy period of 15 years.

Michigan allows for an aggregate limit of $50. Items valued under this amount may be grouped together and reported as a lump sum without detailed owner information, simplifying the reporting process for smaller obligations.

Filing Instructions

  1. Download Template: Get the EscheatFix CSV template designed for Michigan reporting.
  2. Enter Data: Input property details.
  3. Convert: Upload to EscheatFix to generate the NAUPA file. We validate against common errors.
  4. Submit: Submit the file via the state's secure file upload system.