Mich. Comp. Laws § 440.9332: Transfer of money; transfer of funds from deposit account.

Sec. 9332.

A transferee of money takes the money free of a security interest unless the transferee acts in collusion with the debtor in violating the rights of the secured party.

A transferee of funds from a deposit account takes the funds free of a security interest in the deposit account unless the transferee acts in collusion with the debtor in violating the rights of the secured party.