MCL - Index of Act 115 of 2022

NOTE: Dates reflect any modification to item, not necessarily a change in law.
Title Subject
Act 115 of 2022 MICHIGAN UNIFORM ASSIGNMENT OF RENTS ACT (554.1051 - 554.1070)
Section 554.1051 Short title.
Section 554.1052 Definitions.
Section 554.1053 Assignment; notification; method; proper address rules.
Section 554.1054 Assignment of rents; enforceable security interest; discharge; foreclosure; applicability.
Section 554.1055 Recording with register of deeds; perfected security interest; priority.
Section 554.1056 Assignment enforcement methods.
Section 554.1057 Appointment of receiver; petition; priority of receivers.
Section 554.1058 Demand notice to assignor for collection of rents; notification requirements.
Section 554.1059 Demand notice to tenant for payment of rents; notification requirements.
Section 554.1060 Notification to pay rents to person other than landlord; form.
Section 554.1061 Effect of enforcement of assignments of rent.
Section 554.1062 Collection of rent proceeds; use of funds.
Section 554.1063 Exception for use of collection of rents; protection of rights.
Section 554.1064 "Good faith" defined; collection by assignor; remedies; priority.
Section 554.1065 Perfection of security interests; priority rules in article 9.
Section 554.1066 Priority subject to subordination.
Section 554.1067 Promotion of uniformity.
Section 554.1068 Electronic signatures.
Section 554.1069 Applicability of act.
Section 554.1070 Repeal of certain acts.