Michigan Compiled Laws
174-1962-2A-3 - Part 3 Effect of Lease Contract (440.2901...440.2911)
Section 440.2911 - Subordination by Agreement.

Sec. 2A311.
Nothing in this article prevents subordination by agreement by any person entitled to priority.
History: Add. 1992, Act 101, Eff. Sept. 30, 1992

Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 440 - Uniform Commercial Code

Act 174 of 1962 - Uniform Commercial Code (440.1101 - 440.11102)

Article 2A - Leases (440.2801...440.2982)

174-1962-2A-3 - Part 3 Effect of Lease Contract (440.2901...440.2911)

Section 440.2901 - Lease Contract; Enforcement.

Section 440.2902 - Applicability of Article; Title or Possession.

Section 440.2903 - Security Interest; Creation; Transfer; Limitations; Rights and Remedies; Delegation of Duties or Performance; Liability; Prohibition.

Section 440.2904 - Transfer From Lessor to Subsequent Lessee; Power; Obtaining Rights in Ordinary Course of Business; Entrustment; Certificate of Title.

Section 440.2905 - Transfer From Lessee to Buyer or Sublessee; Power; Rights; Buyer in Ordinary Course of Business; Entrustment; Certificate of Title.

Section 440.2906 - Materials or Services Provided With Respect to Goods Subject to Lease Contract; Lien; Priority; Exception.

Section 440.2907 - Creditor of Lessee; Rights; Taking Leasehold Interest Subject to Security Interest.

Section 440.2908 - Creditor of Lessor or Seller; Lease or Sale Contract Treated as Void; Fraudulent Retention or Possession of Goods; Security for Preexisting Claim.

Section 440.2909 - Definitions; Lease of Fixtures; Priority of Security Interests; Right to Remove Goods; Reimbursement; Perfection by Filing Financing Statement as Fixture Filing.

Section 440.2910 - Goods as Accessions; Priority of Interests; Right to Remove Goods; Reimbursement.

Section 440.2911 - Subordination by Agreement.