Sec. 5.
A married woman may act as a surety for the debt or obligation of another person, including the debt of her husband, by signing a written instrument providing for the suretyship. A judgment entered against the married woman as a surety may be satisfied out of her separate property as described in section 1, whether or not the contract of suretyship benefits or concerns that separate property.
History: 1981, Act 216, Eff. Mar. 31, 1982
Structure Michigan Compiled Laws
Chapter 557 - Property of Husband and Wife
Act 216 of 1981 - Rights and Liability of Married Women (557.21 - 557.29)
Section 557.23 - Common Law Disability of Married Women to Contract Abrogated.
Section 557.24 - Contract by Married Woman; Liability of Husband for Breach of Contract.
Section 557.27 - Married Woman Entering Contract Jointly or Severally With Other Person.
Section 557.28 - Contract Relating to Property Made in Contemplation of Marriage.
Section 557.29 - Repeal of MCL 557.1 to 557.5, 557.11, and 557.51 to 557.55.