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Sales, Transfers, and Levies Subsequent to Application for Dissolution; Validity - Mich. Comp. Laws Section 600.3515

Legal Research Home > 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:  Previous  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  Next

Last modified: March 17, 2013