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Michigan · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Mich. Comp. Laws § 440.2205: Firm offers.

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Where this section sits in the code
  1. MI Code
  2. Chapter 440
  3. Act Act-174-of-1962

Sec. 2205.

An offer by a merchant to buy or sell goods in a signed writing which by its terms gives assurance that it will be held open is not revocable, for lack of consideration, during the time stated or if no time is stated for a reasonable time, but in no event may such period of irrevocability exceed 3 months; but any such term of assurance on a form supplied by the offeree must be separately signed by the offeror.

Collected 2026-09-14T18:32:31Z. Source file · JSON

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