Michigan Compiled Laws 174-1962-9-7 Part 7 Transition (440.9701...440.9709)

• Section 440.9701 “this Amendatory Act” Defined.
  As used in this part, “this amendatory act” means the amendatory act that added this part. History: Add. 2000, Act 348, Eff. July 1,
• Section 440.9702 Savings Clause.
  (1) Except as otherwise provided in this part, this amendatory act applies to a transaction or lien within its scope, even if the transaction...
• Section 440.9703 Security Interest Perfected Before Effective Date.
  (1) A security interest that is enforceable immediately before this amendatory act takes effect and would have priority over the rights of a person...
• Section 440.9704 Security Interest Unperfected Before Effective Date.
  All of the following apply to a security interest that is enforceable immediately before this amendatory act takes effect but which would be subordinate...
• Section 440.9705 Effectiveness Of Action Taken Before Effective Date.
  (1) If action, other than the filing of a financing statement, is taken before this amendatory act takes effect and the action would have...
• Section 440.9706 When Initial Financing Statement Suffices To Continue Effectiveness Of Financing Statement.
  (1) The filing of an initial financing statement in the office specified in section 9501 continues the effectiveness of a financing statement filed before...
• Section 440.9707 Pre-effective-date Financing Statement.
  (1) As used in this section, “pre-effective-date financing statement” means a financing statement filed before this amendatory act takes effect. (2) After this amendatory...
• Section 440.9708 Persons Entitled To File Initial Financing Statement Or Continuation Statement.
  A person may file an initial financing statement or a continuation statement under this part if both of the following apply: (a) The secured...
• Section 440.9709 Priority.
  (1) This amendatory act determines the priority of conflicting claims to collateral. However, if the relative priorities of the claims were established before this...

Last modified: October 10, 2016