Sec. 9504.
A financing statement sufficiently indicates the collateral that it covers if the financing statement provides 1 of the following:
(a) A description of the collateral pursuant to section 9108.
(b) An indication that the financing statement covers all assets or all personal property.
History: 1962, Act 174, Eff. Jan. 1, 1964 ;-- Am. 1978, Act 369, Eff. Jan. 1, 1979 ;-- 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)
174-1962-9-5 - Part 5 Filing (440.9501...440.9527)
Section 440.9501 - Filing Office.
Section 440.9503 - Name of Debtor and Secured Party; "Name of the Settlor or Testator" Defined.
Section 440.9504 - Indication of Collateral.
Section 440.9506 - Effect of Errors or Omissions.
Section 440.9507 - Effect of Certain Events on Effectiveness of Financing Statement.
Section 440.9509 - Persons Entitled to File a Record.
Section 440.9510 - Effectiveness of Filing Record.
Section 440.9511 - Secured Party of Record.
Section 440.9512 - Amendment of Financing Statement.
Section 440.9513 - Termination Statement.
Section 440.9514 - Assignment of Powers of Secured Party of Record.
Section 440.9517 - Effect of Indexing Errors.
Section 440.9518 - Information Statement Concerning Inaccurate or Wrongfully Filed Record.