UNIFORM COMMERCIAL CODE (EXCERPT)
Act 174 of 1962
440.8111 Rule adopted by clearing corporation; effect.
Sec. 8111.
A rule adopted by a clearing corporation governing rights and obligations among the clearing corporation and its participants in the clearing corporation is effective even if the rule conflicts with this act and affects another party who does not consent to the rule.
History: Add. 1998, Act 278, Imd. Eff. July 27, 1998
Rendered 8/15/2025 12:16 PM
Michigan Compiled Laws Complete Through PA 5 of 2025
Courtesy of legislature.mi.gov