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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 554.1020.new Acquisition of property after appointment as receiver; security agreement.
Universal Citation: MI Comp L § 554.1020.new (2017)
***** 554.1020.new THIS NEW SECTION IS EFFECTIVE MAY 7, 2018 *****
554.1020.new Acquisition of property after appointment as receiver; security agreement.Sec. 10.
Except as otherwise provided by law of this state other than this act, property that a receiver or owner acquires after appointment of the receiver is subject to a security agreement entered into before the appointment to the same extent as if the court had not appointed the receiver.
History: 2018, Act 16, Eff. May 7, 2018
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