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Rule Adopted By Clearing Corporation; Effect. - Mich. Comp. Laws Section 440.8111

Legal Research Home > Michigan Lawyer > Uniform Commercial Code > Rule Adopted By Clearing Corporation; Effect. - Mich. Comp. Laws Section 440.8111

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UNIFORM COMMERCIAL CODE (EXCERPT)
Act 174 of 1962

440.8111 Rule adopted by clearing corporation; effect.

Sec. 8111.

A rule adopted by a clearing corporation governing rights and obligations among the clearing corporation and its participants in the clearing corporation is effective even if the rule conflicts with this act and affects another party who does not consent to the rule.

History: Add. 1998, Act 278, Imd. Eff. July 27, 1998

Section: Previous 440.8104 440.8105 440.8106 440.8107 440.8108 440.8109 440.8110 440.8111 440.8112 440.8113 440.8114 440.8115 440.8116 440.8201 440.8202 Next

Last modified: January 1, 2008