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2021 Michigan Compiled Laws
Chapter 554 - Real and Personal Property
Act 228 of 1925 - Rents and Profits Under Trust Mortgage (554.211 - 554.214)
AN ACT to authorize the assignment of rents and profits of property mortgaged under a trust mortgage or deed of trust, to secure bonds or obligations issued or to be issued thereunder.
History: 1925, Act 228, Eff. Aug. 27, 1925
- Section 554.211 - Assignment of Rents and Profits Under Trust Mortgage or Deed; Lawfulness.
- Section 554.212 - Assignment; Validity Against Mortgagor and Occupiers of Premises.
- Section 554.213 - Trust Mortgage; Definition.
- Section 554.214 - Emergency Legislation; Immediate Necessity; Liberal Construction.
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