Statutes > Michigan Statutes > Chapter 445 - TRADE AND COMMERCE > Act 341 of 1984 - FARM AND UTILITY EQUIPMENT ACT (445.1451 - 445.1460) > Section 445.1459 - Security interest in inventory not affected.

Section 445.1459 - Security interest in inventory not affected.

FARM AND UTILITY EQUIPMENT ACT (EXCERPT)
Act 341 of 1984

445.1459 Security interest in inventory not affected.

Sec. 9.

The provisions of this act shall not be construed to affect in any way any security interest that any financial institution, person, or supplier has in the inventory of the dealer.


History: 1984, Act 341, Imd. Eff. Dec. 27, 1984 ;-- Am. 1989, Act 296, Imd. Eff. Jan. 3, 1990 ;-- Am. 1995, Act 86, Imd. Eff. June 20, 1995 ;-- Am. 2000, Act 357, Eff. Mar. 28, 2001