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Code · Michigan · Chapter 440 — Uniform Commercial Code

440.7509 Documents of title; adequacy as contract for sale, lease, or conditions of a credit.

71 words·~1 min read·/mi/chapter-440/440-7509

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440.7509 Documents of title; adequacy as contract for sale, lease, or conditions of a credit.
Sec. 7509.
Whether a document of title is adequate to fulfill the obligations of a contract for sale, a contract for lease, or the conditions of a letter of credit is determined by article 2, 2A, or 5.
History: 1962, Act 174, Eff. Jan. 1, 1964 ;-- Am. 2012, Act 87 , Eff. July 1, 2013
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