Sec. 9202.
Except as otherwise provided with respect to consignments or sales of accounts, chattel paper, payment intangibles, or promissory notes, the provisions of this article with regard to rights and obligations apply whether title to collateral is in the secured party or the debtor.
History: 1962, Act 174, Eff. Jan. 1, 1964 ;-- Am. 2000, Act 348, Eff. July 1, 2001
Structure Michigan Compiled Laws
Chapter 440 - Uniform Commercial Code
Act 174 of 1962 - Uniform Commercial Code (440.1101 - 440.11102)
Article 9 - Secured Transactions (440.9101...440.9994)
174-1962-9-2-1. - Subpart 1. Effectiveness and Attachment (440.9201...440.9206)
Section 440.9201 - General Effectiveness of Security Agreement.
Section 440.9202 - Title to Collateral Immaterial.
Section 440.9204 - After-Acquired Property; Future Advances.
Section 440.9205 - Use or Disposition of Collateral Permissible.
Section 440.9206 - Security Interest Arising in Purchase or Delivery of Financial Asset.