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Michigan Compiled Laws 174-1962-9-2-2. Subpart 2. Rights And Duties (440.9207...440.9210)
Section 440.9207 Rights And Duties Of Secured Party Having Possession Or Control Of Collateral.
(1) Except as otherwise provided in subsection (4), a secured party shall use reasonable care in the custody and preservation of collateral in the...
Section 440.9208 Additional Duties Of Secured Party Having Control Of Collateral.
(1) This section applies to cases in which there is no outstanding secured obligation and the secured party is not committed to make advances,...
Section 440.9209 Duties Of Secured Party If Account Debtor Has Been Notified Of Assignment.
(1) Except as otherwise provided in subsection (3), this section applies if there is no outstanding secured obligation and the secured party is not...
Section 440.9210 Request For Accounting; Request Regarding List Of Collateral Or Statement Of Account.
(1) As used in this section: (a) “Request” means a record of a type described in subdivision (b), (c), or (d). (b) “Request for...
Last modified: October 10, 2016