Michigan § 390.1355 Notes or bonds as negotiable instruments.

Michigan Statutes

§ 390.1355 — Notes or bonds as negotiable instruments.

Michigan § 390.1355

Ch. 390UNIVERSITIES AND COLLEGES

Act 289 of 1976FINANCING OF STUDENT LOAN PROGRAMS (390.1351-390.1356)

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Bluebook

Mich. Comp. Laws § 390.1355 (2026).

Text

FINANCING OF STUDENT LOAN PROGRAMS (EXCERPT) Act 289 of 1976 390.1355 Notes or bonds as negotiable instruments. Sec.

5.Whether or not notes or bonds issued pursuant to this act are within the definition of negotiable instruments under the applicable provisions of the uniform commercial code, 1962 PA 174, MCL 440.1101 to 440.11102, the notes or bonds shall be negotiable instruments within the meaning of and for all purposes of the provisions of the uniform commercial code, 1962 PA 174, MCL 440.1101 to 440.11102, subject only to the provisions of the notes or bonds for registration.

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FINANCING OF STUDENT LOAN PROGRAMS (EXCERPT) Act 289 of 1976 390.1355 Notes or bonds as negotiable instruments. Sec. 5. Whether or not notes or bonds issued pursuant to this act are within the definition of negotiable instruments under the applicable provisions of the uniform commercial code, 1962 PA 174, MCL 440.1101 to 440.11102, the notes or bonds shall be negotiable instruments within the meaning of and for all purposes of the provisions of the uniform commercial code, 1962 PA 174, MCL 440.1101 to 440.11102, subject only to the provisions of the notes or bonds for registration.