Michigan Compiled Laws 174-1962-9-3-1. Subpart 1. Law Governing Perfection And Priority (440.9301...440.9307)
- Section 440.9301 Law Governing Perfection And Priority Of Security Interests.
Except as otherwise provided in sections 9303 through 9306, the following rules determine the law governing perfection, the effect of perfection or nonperfection, and...
- Section 440.9302 Law Governing Perfection And Priority Of Agricultural Liens.
While farm products are located in a jurisdiction, the local law of that jurisdiction governs perfection, the effect of perfection or nonperfection, and the...
- Section 440.9303 Law Governing Perfection And Priority Of Security Interests In Goods Covered By Certificate Of Title.
(1) This section applies to goods covered by a certificate of title, even if there is no other relationship between the jurisdiction under whose...
- Section 440.9304 Law Governing Perfection And Priority Of Security Interests In Deposit Accounts.
(1) The local law of a bank's jurisdiction governs perfection, the effect of perfection or nonperfection, and the priority of a security interest in...
- Section 440.9305 Law Governing Perfection And Priority Of Security Interests In Investment Property.
(1) Except as otherwise provided in subsection (3), the following rules apply: (a) While a security certificate is located in a jurisdiction, the local...
- Section 440.9306 Law Governing Perfection And Priority Of Security Interests In Letter-of-credit Rights.
(1) Subject to subsection (3), the local law of the issuer's jurisdiction or a nominated person's jurisdiction governs perfection, the effect of perfection or...
- Section 440.9307 "Place Of Business" Defined; Location Of Debtor.
(1) As used in this section, "place of business" means a place where a debtor conducts its affairs. (2) Except as otherwise provided in...
Last modified: October 10, 2016