Michigan Compiled Laws Complete Through PA 12 of 2025
MCL Complete Through PA 12 of 2025
Senate adjourned until Tuesday, September 30, 2025 10:00 AM
Senate adjourned until 09/30/25 10:00 AM
House adjourned until Tuesday, September 30, 2025 10:00 AM
House adjourned until 09/30/25 10:00 AM
Document - Section 492.114a
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Section 492.114a
Evidence of obligation; holder subject to claims and defenses of buyer; limitation on buyer's recovery; mandatory provision in installment sale contract; sales to which section applicable; action to collect debt; designation of disinterested third party to receive payments; amount and distribution of payments.