There is a newer version
of
this Section
2017 Michigan Compiled Laws
Chapter 554 - Real and Personal Property
Act 16 of 2018 UNIFORM COMMERCIAL REAL ESTATE RECEIVERSHIP ACT (554.1011.new - 554.1040.new)
Section 554.1019.new Status of receiver as lien creditor.
Universal Citation: MI Comp L § 554.1019.new (2017)
***** 554.1019.new THIS NEW SECTION IS EFFECTIVE MAY 7, 2018 *****
554.1019.new Status of receiver as lien creditor.Sec. 9.
On appointment of a receiver, the receiver has the status of a lien creditor under both of the following:
(a) Article 9 of the uniform commercial code, 1962 PA 174, MCL 440.9101 to 440.9809, as to receivership property that is personal property or fixtures.
(b) The recording statutes of this state as to receivership property that is real property.
History: 2018, Act 16, Eff. May 7, 2018
Disclaimer: These codes may not be the most recent version. Michigan may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
