UNIFORM COMMERCIAL REAL ESTATE RECEIVERSHIP ACT (EXCERPT)
Act 16 of 2018
554.1020 Acquisition of property after appointment as receiver; security agreement.
Except as otherwise provided by law of this state other than this act, property that a receiver or owner acquires after appointment of the receiver is subject to a security agreement entered into before the appointment to the same extent as if the court had not appointed the receiver.
History: 2018, Act 16, Eff. May 7, 2018
© 2017 Legislative Council, State of Michigan