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2006 Michigan Compiled Laws - Act 210 of 1953


ASSIGNMENT OF RENTS TO ACCRUE AS ADDITIONAL MORTGAGE SECURITY

Act 210 of 1953

AN ACT to authorize the assignment of rents to accrue from existing leases as additional security to mortgage obligations.


History: 1953, Act 210, Eff. Oct. 2, 1953




The People of the State of Michigan enact:

DocumentDescription
Section 554.231Assignment of rents to accrue from leases as additional mortgage security.
Section 554.232Assignment of rents; validity.
Section 554.233Modification of mortgage.

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