Michigan Compiled Laws
174-1962-3-1 - Part 1 General Provisions and Definitions (440.3101...440.3122)
Section 440.3102 - Scope; Limitations; Conflict of Laws.

Sec. 3102.
(1) This article applies to negotiable instruments. It does not apply to money, to payment orders governed by article 4a, or to securities governed by article 8.
(2) If there is conflict between this article and article 4 or 9, articles 4 and 9 govern.
(3) Regulations of the board of governors of the federal reserve system and operating circulars of the federal reserve banks supersede any inconsistent provision of this article to the extent of the inconsistency.
History: 1962, Act 174, Eff. Jan. 1, 1964 ;-- Am. 1993, Act 130, Eff. Sept. 30, 1993

Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 440 - Uniform Commercial Code

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

Article 3 - Negotiable Instruments (440.3101...440.3805)

174-1962-3-1 - Part 1 General Provisions and Definitions (440.3101...440.3122)

Section 440.3101 - Short Title; Article.

Section 440.3102 - Scope; Limitations; Conflict of Laws.

Section 440.3103 - Definitions; Principles of Construction.

Section 440.3104 - Additional Definitions.

Section 440.3105 - “Issue” and “Issuer” Defined; Effect of Unissued or Conditionally Issued Instrument.

Section 440.3106 - Unconditional Status of Promise or Order.

Section 440.3107 - Payment in Foreign Money.

Section 440.3108 - Instrument Payable on Demand, at Definite Time, or at Fixed Date.

Section 440.3109 - Promise or Order; Payable on Demand; Payable at Definite Time; Instrument Payable at Fixed Date.

Section 440.3110 - Determination of Person Payable; Intent; Signature by Automated Means; Determining Holder; Instrument Payable to 2 or More Persons.

Section 440.3111 - Place of Payment.

Section 440.3112 - Interest.

Section 440.3113 - Instrument Antedated, Postdated, or Undated.

Section 440.3114 - Instrument; Contradictory Terms.

Section 440.3115 - Incomplete Instrument; Definition; Enforcement; Alteration; Burden.

Section 440.3116 - Joint and Several Liability.

Section 440.3117 - Obligation Modified, Supplemented, or Nullified by Separate Agreement.

Section 440.3118 - Action to Enforce Obligation; Commencement; Time Period; Other Actions.

Section 440.3119 - Notice of Litigation to Answerable Third Party.

Section 440.3120-440.3122 - Repealed. 1993, Act 130, Eff. Sept. 30, 1993.