# MCL 500.2845

IRI: <https://ontology.bommaritollc.com/id/01a0d565-e6ae-76c6-8da3-cbeb6e5e5a5a>

Type: [schema:Legislation](https://schema.org/Legislation)

- `adms:identifier`: [mcl-object mcl-500-2845](https://ontology.bommaritollc.com/id/01a0d565-e6af-722f-8c7b-969e918b03c4)
- `prov:wasDerivedFrom`: [evidence from https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-500-2845](https://ontology.bommaritollc.com/id/01a0d565-e6ae-76c6-8da3-cbeafa2c78f0)
- `schema:isPartOf`: [1956 PA 218](https://ontology.bommaritollc.com/id/01a0d565-2054-7061-9841-4204f29f7809)
- `schema:legislationIdentifier`: MCL 500.2845
- `schema:legislationJurisdiction`: [Michigan](https://ontology.bommaritollc.com/id/01a0ca47-57ff-7219-9e2f-cdc1b39bd0fa)
- `schema:legislationLegalForce`: [schema:InForce](https://schema.org/InForce)
- `schema:legislationType`: [MCL section](https://ontology.bommaritollc.com/vocab/leg/mclSection)
- `schema:name`: Withholding 25% of actual cash value or final settlement where loss to insured real property due to fire or explosion; notice to city, village, or township treasurer, insured, and mortgagee; escrowing and retaining withheld amount; procedure; recording information and depositing money in trust or escrow account; releasing policy proceeds to mortgagee; commingling funds prohibited; retaining earned interest; forwarding money to insured; reasonable proof; using retained proceeds to secure, repair, or demolish damaged or destroyed structure and clear property; returning unused portion of retained proceeds; demolition of property; civil action for return of policy proceeds; liability of insurer; applicability of section; list of cities, villages, and townships; exception to withholding requirements; definitions.
- `schema:url`: [https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-500-2845](https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-500-2845)
- `skos:prefLabel`: MCL 500.2845

## Pointing here

- `eli:amends`:
  - [1984 PA 386](https://ontology.bommaritollc.com/id/01a0d565-3b16-7390-9645-187b9b79d939)
  - [1990 PA 305](https://ontology.bommaritollc.com/id/01a0d565-3b34-708c-8ebf-01334814921d)
  - [1998 PA 216](https://ontology.bommaritollc.com/id/01a0d565-3c91-73f2-8807-24254a2e7a89)
  - [2014 PA 509](https://ontology.bommaritollc.com/id/01a0d565-3b5f-73df-a806-5e41360211f4)
- `eli:changes`:
  - [1980 PA 495](https://ontology.bommaritollc.com/id/01a0d565-3b3a-7357-bb19-73c37300db18)

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