Replacement Obligations; Form; Security; Execution; Formal Requirements; Indorsement - Mich. Comp. Laws Section 129.133

Sec. 3.

A replacement obligation shall be of the same form and tenor and be secured in the same manner as the obligation originally issued. The replacement obligation shall be executed in the same manner and subject to the same formal requirements as those provided by law for the obligation originally issued. Obligations that are not registered as to payment of either principal or interest shall be indorsed with the word "replacement".