Michigan Compiled Laws
Chapter 565 - Conveyances of Real Property
Act 348 of 1990 - Priority of Mortgages (565.901 - 565.906)

Section 565.901 - Definitions. - Sec. 1. As used in this act: (a) "Future advance"...

Section 565.902 - Priority of Future Advance Mortgage. - Sec. 2. Except as otherwise provided by this act, a...

Section 565.903 - Priority of Recorded Mortgage Amended to Become Future Advance Mortgage. - Sec. 3. Except as otherwise provided by this act, if...

Section 565.903a - Priority of Residential Future Advance Mortgage. - Sec. 3a. (1) Sections 2 and 3 do not apply...

Section 565.904 - Priority of Future Advance Mortgage Over Another Interest in Property Recorded Prior to April 1, 1991. - Sec. 4. This act does not give a future advance...

Section 565.905 - Applicability of Act. - Sec. 5. This act does not apply to the extent...

Section 565.906 - Effective Date. - Sec. 6. This act shall take effect April 1, 1991....