600.3356 Creditor with lien; transfer; impairment.
102 words·~1 min read·
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600.3356 Creditor with lien; transfer; impairment.
Sec. 3356.
The partition of the premises shall not alter or impair the lien of any creditor on the premises in question, except that when the lien is on the undivided interest or estate of any of the parties, either in a portion or the whole of the premises partitioned, such lien, if partition can be made, shall thereafter be transferred, and be a charge only on the premises assigned to such party, and may be enforced against the same as though such lien had originally existed thereupon.
History: 1961, Act 236, Eff. Jan. 1, 1963