Sec. 6125.
Any person restrained by any injunction under this chapter from transferring or disposing of any property or paying any moneys or indebtedness, may move to vacate the injunction. The court shall vacate the injunction if the person gives bond with sureties approved by the court, the bond containing conditions specified by the court including:
(1) An undertaking to pay the judgment and costs of the proceeding if the judgment creditor or receiver is successful; or
(2) An undertaking in the sum equal to the value of the property or moneys to be released from restraint, to be paid to the judgment creditor or receiver if they are successful.
History: 1961, Act 236, Eff. Jan. 1, 1963
Structure Michigan Compiled Laws
Chapter 600 - Revised Judicature Act of 1961
Act 236 of 1961 - Revised Judicature Act of 1961 (600.101 - 600.9948)
236-1961-61 - Chapter 61 Proceedings Supplementary to Judgment (600.6101...600.6143)
Section 600.6101 - Proceedings Supplementary to Judgment.
Section 600.6104 - Powers of Judge After Rendition of Judgment for Money.
Section 600.6116 - Transfer of Debtor's Property; Duration of Restraint.
Section 600.6125 - Injunction; Vacation; Bond.
Section 600.6128 - Trying Title to Debt or Property; Third Party Claimant; Jury.
Section 600.6134 - Fraudulent Transfers.
Section 600.6137 - Payment by Debtor of Judgment Debtor.
Section 600.6140 - Orders Affecting Alienability of Land; Recording.