Mich. Comp. Laws § 554.1019

Current through Public Act 148 of the 2024 Legislative Session

Section 554.1019 - Status of receiver as lien creditor

On appointment of a receiver, the receiver has the status of a lien creditor under both of the following:

(a) Article 9 of the uniform commercial code, 1962 PA 174, MCL 440.9101 to 440.9809, as to receivership property that is personal property or fixtures.

(b) The recording statutes of this state as to receivership property that is real property.

MCL 554.1019

Added by 2018, Act 16,s 9, eff. 5/7/2018.