MCL - 174-1962-3-6

UNIFORM COMMERCIAL CODE (EXCERPT)
Act 174 of 1962
Part 6
DISCHARGE AND PAYMENT
Document Type Description
Section 440.3601 Section Discharge; effect against holder in due course.
Section 440.3602 Section Discharge; payment; "signed" defined.
Section 440.3603 Section Tender of payment; effect; refusal of tender as discharge; interest; obligor ready and able to pay on due date.
Section 440.3604 Section Discharge by intentional voluntary act; canceling or striking out endorsement; "signed" defined.
Section 440.3605 Section Secondary obligor; rights and duties; agreement to modification or to extend time when payments are due; obligation secured by interest in collateral; discharge; impairing value of interest in collateral; knowledge of accommodation; consent or waiver of discharge; release or extension; burden of persuasion; presumption.
Section 440.3606 Section Repealed. 1993, Act 130, Eff. Sept. 30, 1993.