Sec. 9.
The provisions of this act shall not be construed to affect in any way any security interest that any financial institution, person, or supplier has in the inventory of the dealer.
History: 1984, Act 341, Imd. Eff. Dec. 27, 1984 ;-- Am. 1989, Act 296, Imd. Eff. Jan. 3, 1990 ;-- Am. 1995, Act 86, Imd. Eff. June 20, 1995 ;-- Am. 2000, Act 357, Eff. Mar. 28, 2001
Structure Michigan Compiled Laws
Chapter 445 - Trade and Commerce
Act 341 of 1984 - Farm and Utility Equipment Act (445.1451 - 445.1460)
Section 445.1451 - Short Title.
Section 445.1452 - Definitions.
Section 445.1453 - Repurchase of Inventory on Termination of Agreement; Election to Keep Inventory.
Section 445.1456 - Exceptions to Repurchase Requirement.
Section 445.1459 - Security Interest in Inventory Not Affected.