{"data":{"id":"us-mi/mich.-comp.-laws-600.5211","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 600.5211","heading":"Specific powers of assignee.","body":"Sec. 5211.\n\nAmong other things the assignee has the power to:\n\nSue in his own name as such assignee and recover all the estate, debts and things in action belonging to or due to such assignor in the manner and with like effect as he might or could have done if an assignment had not been made, but no suit seeking equitable relief shall be brought by the assignee involving less than $500.00 without the consent of the court.\n\nTake into his hands all the estate of such assignor whether delivered to him or afterwards discovered, and all books, vouchers and papers relating to the same;\n\nFrom time to time sell the assets at public auction or at private sale, as herein provided;\n\nRedeem all mortgages and conditional contracts or other incumbrances and pledges of personal property; or sell such property subject to such incumbrances, contracts or pledges;\n\nSettle all matters and accounts between such assignor and his debtors and creditors and examine, on oath to be administered by him, any person touching such matters and accounts;\n\nCompound with any person indebted to such assignor, under order of said court or judge;\n\nProsecute or defend suits pending in favor of or against the assignor.","path":["MI Code","Chapter 600","Act Act-236-of-1961"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-600-5211","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"74fd8636ba79d3ce0032b89267f5466b5de9225fd43ff6db6e2bbc3e8f561df4","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-600.521","next":"us-mi/mich.-comp.-laws-600.5215"},"notice":"GroundRules: Original legal text. Not legal advice."}