Priority of future advance mortgage.
MCL 565.902
in effect565.902. Priority of future advance mortgage.
Sec. 2.
Except as otherwise provided by this act, a future advance mortgage securing a future advance shall have priority with respect to the future advance as if the future advance was made at the time the future advance mortgage was recorded.
1990, Act 348, Eff. Apr. 1, 1991; Am. 1992, Act 35, Eff. July 1, 1992
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-565-902Fetched: 10/20/2026
