Michigan Compiled Laws § 600.6125 Injunction; Vacation; Bond.


600.6125 Injunction; vacation; bond.

Sec. 6125.

Any person restrained by any injunction under this chapter from transferring or disposing of any property or paying any moneys or indebtedness, may move to vacate the injunction. The court shall vacate the injunction if the person gives bond with sureties approved by the court, the bond containing conditions specified by the court including:

(1) An undertaking to pay the judgment and costs of the proceeding if the judgment creditor or receiver is successful; or

(2) An undertaking in the sum equal to the value of the property or moneys to be released from restraint, to be paid to the judgment creditor or receiver if they are successful.


History: 1961, Act 236, Eff. Jan. 1, 1963


Section: Previous  600.6104  600.6107  600.6110  600.6113  600.6116  600.6119  600.6122  600.6125  600.6128  600.6131  600.6134  600.6137  600.6140  600.6143    Next

Last modified: October 10, 2016