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Forfeiture of security to pledgee or assignee.

MCL 460.463
in effect
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460.463. Forfeiture of security to pledgee or assignee. Sec. 3. A pledge or assignment may allow forfeiture of the security to the pledgee or assignee for default or noncompliance with the terms of the loan. 1971, Act 182, Imd. Eff. Dec. 20, 1971
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-460-463Fetched: 10/20/2026

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