Main Content 236-1961-54A. friendly link printer friendly mcl index link Search within this Statute for REVISED JUDICATURE ACT OF 1961 (EXCERPT)Act 236 of 1961 CHAPTER 54A. BANKRUPTCY DocumentTypeDescription Section 600.5451SectionBankruptcy; exemptions from property of estate; exception; exempt property sold, damaged, destroyed, or acquired for public use; amounts adjusted by state treasurer; definitions.