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95th Legislature Regular Session  
Michigan Compiled Laws Complete Through PA 242 of 2009  
House: Adjourned until Wednesday, February 10, 2010 1:30:00 PM  
 
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174-1962-9-6-1.
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UNIFORM COMMERCIAL CODE (EXCERPT)
Act 174 of 1962
Subpart 1.
DEFAULT AND ENFORCEMENT OF SECURITY INTEREST

DocumentTypeDescription
Section 440.9601SectionRights after default; judicial enforcement; consignor or buyer of accounts, chattel paper, payment intangibles, or promissory notes.
Section 440.9602SectionWaiver and variance of rights and duties.
Section 440.9603SectionAgreement on standards concerning rights and duties.
Section 440.9604SectionProcedure if security agreement covers real property or fixtures.
Section 440.9605SectionUnknown debtor or secondary obligor.
Section 440.9606SectionTime of default for agricultural lien.
Section 440.9607SectionCollection and enforcement by secured party.
Section 440.9608SectionApplication of proceeds of collection or enforcement; liability for deficiency and right to surplus.
Section 440.9609SectionSecured party's right to take possession after default.
Section 440.9610SectionDisposition of collateral after default.
Section 440.9611SectionNotification before disposition of collateral.
Section 440.9612SectionTimeliness of notification before disposition of collateral.
Section 440.9613SectionContents and form of notification before disposition of collateral; generally.
Section 440.9614SectionContents and form of notification before disposition of collateral; consumer-goods transaction.
Section 440.9615SectionApplication of proceeds of disposition; liability for deficiency and right to surplus.
Section 440.9616SectionExplanation of calculation of surplus or deficiency.
Section 440.9617SectionRights of transferee of collateral.
Section 440.9618SectionRights and duties of certain secondary obligors.
Section 440.9619SectionTransfer of record or legal title.
Section 440.9620SectionAcceptance of collateral in full or partial satisfaction of obligation; compulsory disposition of collateral.
Section 440.9621SectionNotification of proposal to accept collateral.
Section 440.9622SectionEffect of acceptance of collateral.
Section 440.9623SectionRight to redeem collateral.
Section 440.9624SectionWaiver.

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