Michigan Compiled Laws § 445.1401 Notice Of Assignment Of Contract Or Agreement.

445.1401 Notice of assignment of contract or agreement.

Sec. 401.

Unless the buyer has notice of the actual or intended assignment of a home improvement installment contract or home improvement charge agreement, payment under the contract or agreement by the buyer to the last known holder of the contract or agreement is binding upon all subsequent holders or assignees.

History: 1965, Act 332, Eff. Jan. 1, 1966 ;-- Am. 1985, Act 202, Imd. Eff. Dec. 27, 1985

Section: 445.1401  445.1402  445.1403  445.1404  445.1405  445.1406  445.1407  445.1409  445.1410  445.1421  445.1422  445.1431    Next

Last modified: October 10, 2016