Michigan Compiled Laws 174-1962-9-1-1. Subpart 1. Short Title, Definitions, And General Concepts (440.9101...440.9108)

• Section 440.9101 Uniform Commercial Code—secured Transactions; Short Title.
  This article shall be known and may be cited as “uniform commercial code—secured transactions”. History: 1962, Act 174, Eff. Jan. 1, 1964
• Section 440.9102 Definitions And Index Of Definitions.
  (1) As used in this article: (a) "Accession" means goods that are physically united with other goods in such a manner that the identity...
• Section 440.9103 Purchase-money Security Interest; Application Of Payments; Burden Of Establishing.
  (1) As used in this section: (a) “Purchase-money collateral” means goods or software that secures a purchase-money obligation incurred with respect to that collateral....
• Section 440.9104 Control Of Deposit Account.
  (1) A secured party has control of a deposit account if 1 or more of the following apply: (a) The secured party is the...
• Section 440.9105 Control Of Electronic Chattel Paper.
  (1) A secured party has control of electronic chattel paper if a system employed for evidencing the transfer of interests in the chattel paper...
• Section 440.9106 Control Of Investment Property.
  (1) A person has control of a certificated security, uncertificated security, or security entitlement as provided in section 8106. (2) A secured party has...
• Section 440.9107 Control Of Letter-of-credit Right.
  A secured party has control of a letter-of-credit right to the extent of any right to payment or performance by the issuer or any...
• Section 440.9108 Sufficiency Of Description.
  (1) Except as otherwise provided in subsections (3), (4), and (5), a description of personal or real property is sufficient, whether or not it...

Last modified: October 10, 2016