Mich. Comp. Laws § 565.903: Priority of recorded mortgage amended to become future advance mortgage.
Where this section sits in the code
- MI Code
- Chapter 565
- Act Act-348-of-1990
Sec. 3.
Except as otherwise provided by this act, if a recorded mortgage has been or is amended to become a future advance mortgage, it shall have priority with respect to a future advance secured by the mortgage as if the future advance was made at the time the amendment was recorded.
Collected 2026-09-14T18:32:31Z. Source file · JSON