GroundRules
Browse Michigan
Read the original sections, or search by topic.
- Mich. Comp. Laws § 440.4504 · Documentary draft; presenting bank's right to deal with goods; lien for expenses.
- Mich. Comp. Laws § 440.4601 · Short title.
- Mich. Comp. Laws § 440.4602 · Applicability of article.
- Mich. Comp. Laws § 440.4603 · Definitions; instruction as a separate payment order; issuance of payment order.
- Mich. Comp. Laws § 440.4604 · Definitions.
- Mich. Comp. Laws § 440.4605 · Definitions; sections where other definitions appear.
- Mich. Comp. Laws § 440.4606 · Payment order or communication canceling or amending payment order; determining time of receipt.
- Mich. Comp. Laws § 440.4607 · Regulations of federal reserve system as superseding article.
- Mich. Comp. Laws § 440.4608 · Applicability of article to certain funds transfer; inconsistency; "electronic fund transfer act" defined.
- Mich. Comp. Laws § 440.4701 · “Security procedure” defined.
- Mich. Comp. Laws § 440.4702 · Authorized payment order; verification by security procedure; determination of commercial reasonableness; “sender” defined; applicability of section to amendments and cancellations of payment orders; agreement to vary rights and obligations prohibited.
- Mich. Comp. Laws § 440.4703 · Payment order effective pursuant to MCL 440.4702; application of rules; applicability of section to amendments of payment orders.
- Mich. Comp. Laws § 440.4704 · Receiving bank; acceptance of unauthorized or nonenforceable payment; refund; interest; recovery; reasonable time fixed by agreement; agreement to vary obligation to refund payment prohibited.
- Mich. Comp. Laws § 440.4705 · Erroneous payment order; duty and liability of sender upon notification from receiving bank; applicability of section to amendments to payment orders.
- Mich. Comp. Laws § 440.4706 · Transmitting payment order to funds-transfer system or other third-party communication system; system as agent; effect of discrepancy; applicability of section.
- Mich. Comp. Laws § 440.4707 · Payment order; identification of beneficiary; nonexistent or unidentifiable person or account; name and number identifying different persons; inconsistent identification by name and number; recovery of amount paid.
- Mich. Comp. Laws § 440.4708 · Payment order; identification of intermediary or beneficiary bank; rules.
- Mich. Comp. Laws § 440.4709 · Acceptance of payment order.
- Mich. Comp. Laws § 440.4710 · Rejection of payment order.
- Mich. Comp. Laws § 440.4711 · Communication by sender canceling or amending payment order; method of transmission; effectiveness; liability of sender for loss and expenses; revocation by death or legal incapacity; effectiveness of funds-transfer system rule.
- Mich. Comp. Laws § 440.4712 · Receiving bank; failure to accept payment order; liability for breach of agreement to accept payment order.
- Mich. Comp. Laws § 440.4801 · Execution of payment order; “execution date” defined.
- Mich. Comp. Laws § 440.4802 · Receiving bank; acceptance of payment order pursuant to MCL 440.4709(1); obligations of bank to execute order; use of funds-transfer system; transmission by first-class mail or reasonable means; payment of charges for services and expenses.
- Mich. Comp. Laws § 440.4803 · Receiving bank; payment of sender's order pursuant to MCL 440.4902(3); effect of erroneous payment order; applicability of subsection (2); obligation of sender to pay payment order; recovery by issuer from beneficiary.
- Mich. Comp. Laws § 440.4804 · Notification from receiving bank of erroneously executed payment order; duties of sender; obligation to pay interest; recovery by bank prohibited.
- Mich. Comp. Laws § 440.4805 · Receiving bank; payment delay; interest; liability to originator for expenses resulting from improper execution; recovery of damages; failure to execute pursuant to express agreement; attorney fees; liability of bank under subsections (1) and (2) not varied by agreement.
- Mich. Comp. Laws § 440.4901 · “Payment date” defined.
- Mich. Comp. Laws § 440.4902 · Payment order issued to beneficiary or receiving bank subject to MCL 440.4705 and 440.4707; payment by sender; refund; right of sender executing payment order to receive or retain payment; right of sender to be excused from obligation to pay or receive refund not varied by agreement.
- Mich. Comp. Laws § 440.4903 · Sender's obligation under MCL 440.4902 to pay receiving bank; payment requirements; final settlement; satisfaction of sender's payment obligation.
- Mich. Comp. Laws § 440.4904 · Beneficiary bank; acceptance of payment order subject to MCL 440.4711(5), 440.4905(4), and 440.4905(5); payment due date; refusal of bank to pay after demand; recovery of damages; instruction to pay to beneficiary's account; notice; interest; attorney fees; rights of beneficiary pursuant to agreement or funds-transfer system rule.
- Mich. Comp. Laws § 440.4905 · Beneficiary bank; crediting account of beneficiary of payment order; payment of bank obligations under MCL 440.4904(1); time of payment; condition to payment or agreement; provisional payments to beneficiary under funds-transfer system rule; refund; applicability of subsection (5) to certain funds transfer.
- Mich. Comp. Laws § 440.4906 · Originator of funds transfer; conditions for payment to beneficiary; satisfaction and discharge of obligation; determination; rights varied by agreement.
- Mich. Comp. Laws § 440.4951 · Rights and obligations of party to funds transfer varied by agreement of affected party; “funds-transfer system rule” defined.
- Mich. Comp. Laws § 440.4952 · “Creditor process” defined and explained.
- Mich. Comp. Laws § 440.4953 · Powers of court with respect to funds transfer.
- Mich. Comp. Laws § 440.4954 · Receiving bank; authority to charge sender's account; credits.
- Mich. Comp. Laws § 440.4955 · Customer objection to payment; notification required.
- Mich. Comp. Laws § 440.4956 · Receiving bank; determination of interest payable.
- Mich. Comp. Laws § 440.4957 · Rights and obligations of parties; application of choice of law.
- Mich. Comp. Laws § 440.5101 · Uniform commercial code-letters of credit; short title of article.
- Mich. Comp. Laws § 440.5102 · Definitions.
- Mich. Comp. Laws § 440.5103 · Letters of credit; scope of article.
- Mich. Comp. Laws § 440.5104 · Issuance; authentication.
- Mich. Comp. Laws § 440.5105 · Consideration.
- Mich. Comp. Laws § 440.5106 · Credit; issuance; enforcement; revocation; expiration.
- Mich. Comp. Laws § 440.5107 · Confirmation; rights and obligations; request to advise; notice to transferee beneficiary.
- Mich. Comp. Laws § 440.5108 · Honoring or dishonoring presentation.
- Mich. Comp. Laws § 440.5109 · Forged or fraudulent document; injunction; findings of court.
- Mich. Comp. Laws § 440.5110 · Warranties on presentment or transfer.
- Mich. Comp. Laws § 440.5111 · Wrongful dishonor, repudiation, or breach; rights of claimant or applicant; liability of issuer, nominated person, or adviser; attorney fees; liquidated damages.
- Mich. Comp. Laws § 440.5112 · Right to draw or demand performance under letter of credit; transfer.
- Mich. Comp. Laws § 440.5113 · Rights of successor beneficiary.
- Mich. Comp. Laws § 440.5114 · Proceeds of letter of credit.
- Mich. Comp. Laws § 440.5115 · Commencement of action.
- Mich. Comp. Laws § 440.5116 · Jurisdiction; forum.
- Mich. Comp. Laws § 440.5117 · Rights of subrogation.
- Mich. Comp. Laws § 440.5118 · Document presented under letter of credit; security interest of issuer or nominated person.
- Mich. Comp. Laws § 440.7101 · Uniform commercial code-documents of title; short title of article.
- Mich. Comp. Laws § 440.7102 · Uniform commercial code; documents of title; definitions.
- Mich. Comp. Laws § 440.7103 · Article subject to governmental treaty, statute, or regulatory statute; electronic signatures.
- Mich. Comp. Laws § 440.7104 · Negotiable and nonnegotiable warehouse receipt, bill of lading, or other document of title.
- Mich. Comp. Laws § 440.7105 · Tangible document of title as substitute for electronic document; electronic document title as substitute for tangible document of title; conditions.
- Mich. Comp. Laws § 440.7106 · Person having control of electronic document.
- Mich. Comp. Laws § 440.7201 · Warehouse receipt; issuance; storage under government bond.
- Mich. Comp. Laws § 440.7202 · Terms of receipt; form; contrary provisions.
- Mich. Comp. Laws § 440.7203 · Liability for nonreceipt or misdescription.
- Mich. Comp. Laws § 440.7204 · Duty of care; contractual limitation of warehouse liability; provisions as to time and manner of presenting claims and commencing actions.
- Mich. Comp. Laws § 440.7205 · Fungible goods; buyer's title.
- Mich. Comp. Laws § 440.7206 · Termination of storage at warehouse's option; removal or sale; notice; delivery; satisfaction of lien.
- Mich. Comp. Laws § 440.7207 · Separation of goods; commingling of fungible goods; overissued receipts.
- Mich. Comp. Laws § 440.7208 · Alteration of warehouse receipts.
- Mich. Comp. Laws § 440.7209 · Warehouse's lien; security interest; "household goods" defined; loss of lien.
- Mich. Comp. Laws § 440.7210 · Warehouse's lien; enforcement procedure; liability for noncompliance.
- Mich. Comp. Laws § 440.7301 · Negotiable bill of lading; issuer's liability for misdating, nonreceipt, or misdescription; goods loaded by issuer of bill of lading; bulk; statement of shipper's weight, load, and count; guarantee; liability.
- Mich. Comp. Laws § 440.7302 · Through bill of lading or other document of title; variance as to overseas undertaking; obligations of persons other than issuer; obligations of persons to issuer.
- Mich. Comp. Laws § 440.7303 · Diversion; reconsignment; change of instructions.
- Mich. Comp. Laws § 440.7304 · Bills of lading in set of parts.
- Mich. Comp. Laws § 440.7305 · Destination and substitute bills.
- Mich. Comp. Laws § 440.7306 · Altered bills of lading.
- Mich. Comp. Laws § 440.7307 · Carrier's lien.
- Mich. Comp. Laws § 440.7308 · Carrier's lien; enforcement; procedure; liability for noncompliance.
- Mich. Comp. Laws § 440.7309 · Carrier's duty of care; contractual provisions as to liability.
- Mich. Comp. Laws § 440.7401 · Irregularities in issue of document of title.
- Mich. Comp. Laws § 440.7402 · Duplicate document of title; overissue.
- Mich. Comp. Laws § 440.7403 · Delivery; exceptions; satisfaction of bailee's lien; cancellation or indication of partial delivery.
- Mich. Comp. Laws § 440.7404 · Bailee's delivery in good faith according to document of title.
- Mich. Comp. Laws § 440.7501 · Negotiable document of title; indorsement; notice of arrival.
- Mich. Comp. Laws § 440.7502 · Negotiation; rights acquired.
- Mich. Comp. Laws § 440.7503 · Documents of title to goods; defeat in certain cases.
- Mich. Comp. Laws § 440.7504 · Documents of title; transfer by delivery in absence of due negotiation; effect; defeat of transfer rights; diversion or change of shipping instructions; stoppage of delivery.
- Mich. Comp. Laws § 440.7505 · Documents of title; liability of indorser.
- Mich. Comp. Laws § 440.7506 · Documents of title; delivery without indorsement; right to have indorsement supplied.
- Mich. Comp. Laws § 440.7507 · Documents of title; warranties on negotiation or delivery for value.
- Mich. Comp. Laws § 440.7508 · Documents of title; warranties of collecting bank.
- Mich. Comp. Laws § 440.7509 · Documents of title; adequacy as contract for sale, lease, or conditions of a credit.
- Mich. Comp. Laws § 440.7601 · Lost, stolen, or destroyed documents of title; delivery of goods or issuance of substitute document; indemnity.
- Mich. Comp. Laws § 440.7602 · Judicial process; surrender of document of title; purchaser for value.
- Mich. Comp. Laws § 440.7603 · Conflicting claims; interpleader.
- Mich. Comp. Laws § 440.7701 · Applicability of amendatory act.
- Mich. Comp. Laws § 440.7702 · Document of title issued or bailment that arises before effective date of amendatory act.