Michigan Compiled Laws
Article 9 - Secured Transactions (440.9101...440.9994)
174-1962-9-4 - Part 4 Rights of Third Parties (440.9401...440.9410)

Section 440.9401 - Alienability of Debtor's Rights. - Sec. 9401. (1) Except as otherwise provided in subsection (2)...

Section 440.9402 - Secured Party Not Obligated on Contract of Debtor or in Tort. - Sec. 9402. The existence of a security interest, agricultural lien,...

Section 440.9403 - Agreement Not to Assert Defenses Against Assignee. - Sec. 9403. (1) As used in this section, "value" has...

Section 440.9404 - Rights Acquired by Assignee; Claims and Defenses Against Assignee. - Sec. 9404. (1) Unless an account debtor has made an...

Section 440.9405 - Modification of Assigned Contract. - Sec. 9405. (1) A modification of or substitution for an...

Section 440.9406 - Discharge of Account Debtor; Notification of Assignment; Identification and Proof of Assignment; Restrictions on Assignment of Accounts, Chattel Paper, Payment Intangibles, and Promissory Notes Ineffective. - Sec. 9406. (1) Subject to subsections (2) through (9), an...

Section 440.9407 - Restrictions on Creation or Enforcement of Security Interest in Leasehold Interest or in Lessor's Residual Interest. - Sec. 9407. (1) Except as otherwise provided in subsection (2),...

Section 440.9408 - Restrictions on Assignment of Promissory Notes, Health-Care-Insurance Receivables, and Certain General Intangibles Ineffective. - Sec. 9408. (1) Except as otherwise provided in subsection (2)...

Section 440.9408a - Repealed. 2000, Act 348, Eff. July 1, 2001. - Compiler's Notes: The repealed section pertained to financing statement of...

Section 440.9409 - Restrictions on Assignment of Letter-of-Credit Rights Ineffective. - Sec. 9409. (1) A term in a letter of credit...

Section 440.9410 - Repealed. 2000, Act 348, Eff. July 1, 2001. - Compiler's Notes: The repealed section pertained to establishment of subscription...