Sales, Transfers, and Levies Subsequent to Application for Dissolution; Validity - Mich. Comp. Laws Section 600.3515
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Michigan Laws > Revised Judicature Act Of 1961 > Sales, Transfers, and Levies Subsequent to Application for Dissolution; Validity - Mich. Comp. Laws Section 600.3515
600.3515 Sales, transfers, and levies subsequent to application for dissolution; validity.
Sec. 3515.
All sales, assignments, transfers, mortgages and conveyances of any part of the assets of such corporation made after the filing of such application for dissolution, in payment of or as security for any existing or prior debt, and all judgments confessed by such corporation after that time, and all subsequent levies or garnishments are absolutely void as against the receiver who may be thereafter appointed.
History: 1961, Act 236, Eff. Jan. 1, 1963
Section: 600.3360 600.3364 600.3368 600.3372 600.3501 600.3505 600.3510 600.3515 600.3525 600.3601 600.3605 600.3610 600.3620 600.3625 600.3630
Last modified: March 17, 2013
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