reglab/housing_qa huggingface dataset:
MI Comp L § 566.34 (2021)
2021 Michigan Compiled Laws|Chapter 566 - Fraudulent Conveyances and Contracts|Act 434 of 1998 - Uniform Voidable Transactions Act (566.31 - 566.45)|Section 566.34 - Transfer With Intent to Defraud.

566.34 Transfer with intent to defraud.Sec. 4.  (1) Except as otherwise provided in subsection (4), a transfer made or obligation incurred by a debtor is voidable as to a creditor, whether the creditor's claim arose before or after the transfer was made or the obligation was incurred, if the debtor made the transfer or incurred the obligation in either of the following circumstances:  (a) With actual intent to hinder, delay, or defraud any creditor of the debtor.  (b) Without receiving a reasonably equivalent value in exchange for the transfer or obligation, and the debtor did either of the following:  (i) Was engaged or was about to engage in a business or a transaction for which the remaining assets of the debtor were unreasonably small in relation to the business or transaction.  (ii) Intended to incur, or believed or reasonably should have believed that the debtor would incur, debts beyond the debtor's ability to pay as they became due.  (2) In determining actual intent under subsection (1)(a) or (4), consideration may be given, among other factors, to whether 1 or more of the following occurred:  (a) The transfer or obligation was to an insider.  (b) The debtor retained possession or control of the property transferred after the transfer.  (c) The transfer or obligation was disclosed or concealed.  (d) Before the transfer was made or obligation was incurred, the debtor had been sued or threatened with suit.  (e) The transfer was of substantially all of the debtor's assets.  (f) The debtor absconded.  (g) The debtor removed or concealed assets.  (h) The value of the consideration received by the debtor was reasonably equivalent to the value of the asset transferred or the amount of the obligation incurred.  (i) The debtor was insolvent or became insolvent shortly after the transfer was made or the obligation was incurred.  (j) The transfer occurred shortly before or shortly after a substantial debt was incurred.  (k) The debtor transferred the essential assets of the business to a lienor that transferred the assets to an insider of the debtor.  (3) A creditor making a claim for relief under subsection (1) has the burden of proving the elements of the claim for relief by a preponderance of the evidence.  (4) A qualified disposition is fraudulent as to the creditor whose claim arose after the qualified disposition only if the qualified disposition was made with actual intent to hinder, delay, or defraud any creditor of the debtor. History: 1998, Act 434, Imd. Eff. Dec. 30, 1998 ;-- Am. 2016, Act 331, Eff. Mar. 8, 2017 ;-- Am. 2016, Act 552, Eff. Apr. 10, 2017
MI Comp L § 566.35 (2021)
2021 Michigan Compiled Laws|Chapter 566 - Fraudulent Conveyances and Contracts|Act 434 of 1998 - Uniform Voidable Transactions Act (566.31 - 566.45)|Section 566.35 - Transfer by Debtor as Voidable.

566.35 Transfer by debtor as voidable.Sec. 5.  (1) A transfer made or obligation incurred by a debtor is voidable as to a creditor whose claim arose before the transfer was made or the obligation was incurred if the debtor made the transfer or incurred the obligation without receiving a reasonably equivalent value in exchange for the transfer or obligation and the debtor was insolvent at that time or the debtor became insolvent as a result of the transfer or obligation.   (2) A transfer made by a debtor is voidable as to a creditor whose claim arose before the transfer was made if the transfer was made to an insider for an antecedent debt, the debtor was insolvent at that time, and the insider had reasonable cause to believe that the debtor was insolvent.  (3) Subject to section 2(2), a creditor making a claim for relief under subsection (1) or (2) has the burden of proving the elements of the claim for relief by a preponderance of the evidence. History: 1998, Act 434, Imd. Eff. Dec. 30, 1998 ;-- Am. 2016, Act 552, Eff. Apr. 10, 2017
MI Comp L § 566.36 (2021)
2021 Michigan Compiled Laws|Chapter 566 - Fraudulent Conveyances and Contracts|Act 434 of 1998 - Uniform Voidable Transactions Act (566.31 - 566.45)|Section 566.36 - Transfer as Perfected; Completion.

566.36 Transfer as perfected; completion.Sec. 6.  (1) A transfer is made under this act when 1 of the following occurs:  (a) With respect to an asset that is real property other than a fixture, but including the interest of a seller or purchaser under a contract for the sale of the asset, when the transfer is so far perfected that a good-faith purchaser of the asset from the debtor against which applicable law permits the transfer to be perfected cannot acquire an interest in the asset that is superior to the interest of the transferee.  (b) With respect to an asset that is not real property or that is a fixture, when the transfer is so far perfected that a creditor on a simple contract cannot acquire a judicial lien otherwise than under this act that is superior to the interest of the transferee.  (2) If applicable law permits the transfer to be perfected as provided in subsection (1) and the transfer is not so perfected before the commencement of an action for relief under this act, the transfer is considered made immediately before the commencement of the action.   (3) If applicable law does not permit the transfer to be perfected as provided in subsection (1), the transfer is made when it becomes effective between the debtor and the transferee.  (4) A transfer is not made under this act until the debtor has acquired rights in the asset transferred.  (5) An obligation is incurred under this act if 1 of the following occurs:  (a) If oral, when it becomes effective between the parties.  (b) If evidenced by a record, when the record signed by the obligor is delivered to or for the benefit of the obligee. History: 1998, Act 434, Imd. Eff. Dec. 30, 1998 ;-- Am. 2016, Act 552, Eff. Apr. 10, 2017
MI Comp L § 566.37 (2021)
2021 Michigan Compiled Laws|Chapter 566 - Fraudulent Conveyances and Contracts|Act 434 of 1998 - Uniform Voidable Transactions Act (566.31 - 566.45)|Section 566.37 - Action for Relief Against Transfer or Obligation; Right of Creditor to Execution on Asset or Proceeds.

566.37 Action for relief against transfer or obligation; right of creditor to execution on asset or proceeds.Sec. 7.  (1) In an action for relief against a transfer or obligation under this act, a creditor, subject to the limitations in section 8, may obtain 1 or more of the following:  (a) Avoidance of the transfer or obligation to the extent necessary to satisfy the creditor's claim.  (b) An attachment or other provisional remedy against the asset transferred or other property of the transferee if available under applicable law.  (c) Subject to applicable principles of equity and in accordance with applicable court rules and statutes, 1 or more of the following:  (i) An injunction against further disposition by the debtor or a transferee, or both, of the asset transferred or of other property.  (ii) Appointment of a receiver to take charge of the asset transferred or of other property of the transferee.  (iii) Any other relief the court determines appropriate.  (2) If a creditor has obtained a judgment on a claim against the debtor, the creditor, if the court so orders, may levy execution on the asset transferred or its proceeds. History: 1998, Act 434, Imd. Eff. Dec. 30, 1998 ;-- Am. 2016, Act 552, Eff. Apr. 10, 2017
MI Comp L § 566.39 (2021)
2021 Michigan Compiled Laws|Chapter 566 - Fraudulent Conveyances and Contracts|Act 434 of 1998 - Uniform Voidable Transactions Act (566.31 - 566.45)|Section 566.39 - Claim for Relief; Extinguishment.

566.39 Claim for relief; extinguishment.Sec. 9.  A claim for relief with respect to a transfer or obligation under this act is extinguished unless action is brought within 1 or more of the following time periods:  (a) Except as otherwise provided in subdivision (c), if the claim for relief is under section 4(1)(a) or (b) or 5(1), within the time provided in section 5813 or 5855 of the revised judicature act of 1961, 1961 PA 236, MCL 600.5813 and 600.5855.  (b) Except as otherwise provided in subdivision (c), if the claim for relief is under section 5(2), within 1 year after the transfer was made or the obligation was incurred.  (c) If the claim for relief is under section 4 or 5, with respect to a qualified disposition, the time provided in section 5 of the qualified dispositions in trust act. History: 1998, Act 434, Imd. Eff. Dec. 30, 1998 ;-- Am. 2016, Act 331, Eff. Mar. 8, 2017 ;-- Am. 2016, Act 552, Eff. Apr. 10, 2017
MI Comp L § 566.40 (2021)
2021 Michigan Compiled Laws|Chapter 566 - Fraudulent Conveyances and Contracts|Act 434 of 1998 - Uniform Voidable Transactions Act (566.31 - 566.45)|Section 566.40 - Debtor's Location; Jurisdiction.

566.40 Debtor's location; jurisdiction.Sec. 10.  (1) In this section, the following rules determine a debtor's location:  (a) A debtor who is an individual is located at the individual's principal residence.  (b) A debtor that is an organization and has only 1 place of business is located at its place of business.  (c) A debtor that is an organization and has more than 1 place of business is located at its chief executive office.  (2) A claim for relief in the nature of a claim for relief under this act is governed by the local law of the jurisdiction in which the debtor is located when the transfer is made or the obligation is incurred. History: 1998, Act 434, Imd. Eff. Dec. 30, 1998 ;-- Am. 2016, Act 552, Eff. Apr. 10, 2017
MI Comp L § 566.41 (2021)
2021 Michigan Compiled Laws|Chapter 566 - Fraudulent Conveyances and Contracts|Act 434 of 1998 - Uniform Voidable Transactions Act (566.31 - 566.45)|Section 566.41 - "Protected Series" and "Series Organization" Defined.

566.41 "Protected series" and "series organization" defined.Sec. 11.  (1) As used in this section:  (a) "Protected series" means an arrangement, however denominated, created by a series organization that, pursuant to the law under which the series organization is organized, has the characteristics set forth in subdivision (b).  (b) "Series organization" means an organization that, pursuant to the law under which it is organized, has the following characteristics:  (i) The organic record of the organization provides for creation by the organization of 1 or more protected series, however denominated, with respect to specified property of the organization, and for records to be maintained for each protected series that identify the property of or associated with the protected series.  (ii) Debt incurred or existing with respect to the activities of, or property of or associated with, a particular protected series is enforceable against the property of or associated with the protected series only, and not against the property of or associated with the organization or other protected series of the organization.  (iii) Debt incurred or existing with respect to the activities or property of the organization is enforceable against the property of the organization only, and not against the property of or associated with a protected series of the organization.  (2) A series organization and each protected series of the organization is a separate person for purposes of this act, even if for other purposes a protected series is not a person separate from the organization or other protected series of the organization. History: 1998, Act 434, Imd. Eff. Dec. 30, 1998 ;-- Am. 2016, Act 552, Eff. Apr. 10, 2017
MI Comp L § 566.42 (2021)
2021 Michigan Compiled Laws|Chapter 566 - Fraudulent Conveyances and Contracts|Act 434 of 1998 - Uniform Voidable Transactions Act (566.31 - 566.45)|Section 566.42 - Principles of Law and Equity as Supplemental Provisions of Act.

566.42 Principles of law and equity as supplemental provisions of act.Sec. 12.  Unless displaced by the provisions of this act, the principles of law and equity, including the law merchant and the law relating to principal and agent, estoppel, laches, fraud, misrepresentation, duress, coercion, mistake, insolvency, or other validating or invalidating cause, supplement the provisions of this act. History: 1998, Act 434, Imd. Eff. Dec. 30, 1998 ;-- Am. 2016, Act 552, Eff. Apr. 10, 2017
MI Comp L § 566.43 (2021)
2021 Michigan Compiled Laws|Chapter 566 - Fraudulent Conveyances and Contracts|Act 434 of 1998 - Uniform Voidable Transactions Act (566.31 - 566.45)|Section 566.43 - Application and Construction of Act.

566.43 Application and construction of act.Sec. 13.  This act shall be applied and construed to effectuate its general purpose to make uniform the law with respect to the subject of this act among the states enacting it. History: 1998, Act 434, Imd. Eff. Dec. 30, 1998 ;-- Am. 2016, Act 552, Eff. Apr. 10, 2017
MI Comp L § 566.44 (2021)
2021 Michigan Compiled Laws|Chapter 566 - Fraudulent Conveyances and Contracts|Act 434 of 1998 - Uniform Voidable Transactions Act (566.31 - 566.45)|Section 566.44 - Electronic Signatures or Delivery.

566.44 Electronic signatures or delivery.Sec. 14.  This act modifies, limits, or supersedes the electronic signatures in the global and national commerce act, 15 USC 7001 to 7031, but does not modify, limit, or supersede 15 USC 7001(c) or authorize electronic delivery of any of the notices described in 15 USC 7003(b). History: Add. 2016, Act 552, Eff. Apr. 10, 2017
MI Comp L § 566.45 (2021)
2021 Michigan Compiled Laws|Chapter 566 - Fraudulent Conveyances and Contracts|Act 434 of 1998 - Uniform Voidable Transactions Act (566.31 - 566.45)|Section 566.45 - Short Title; Applicable Provisions.

566.45 Short title; applicable provisions.Sec. 15.  (1) This act, which was formerly known and cited as the "uniform fraudulent transfer act", shall be known and may be cited as the "uniform voidable transactions act".  (2) All of the following apply to sections 1 to 13 as amended, and to section 14 and this section as added, by the amendatory act that added this section:  (a) The sections as amended or added apply to a transfer made or obligation incurred on or after the effective date of the amendatory act that added this section.  (b) The sections as amended or added do not apply to a transfer made or obligation incurred before the effective date of the amendatory act that added this section.  (c) The sections as amended or added do not apply to a right of action that accrued before the effective date of the amendatory act that added this section.  (d) For purposes of this subsection, a transfer is made and an obligation is incurred at the time provided in section 6. History: Add. 2016, Act 552, Eff. Apr. 10, 2017
MI Comp L § 566.251 (2021)
2021 Michigan Compiled Laws|Chapter 566 - Fraudulent Conveyances and Contracts|Act 305 of 1937 - Automobile Accessories; Recording Chattel Mortgages and Conditional Sales Contracts (566.251 - 566.253)|Section 566.251 - Automobile Accessories Sold Upon Chattel Mortgage or Conditional Sale; Vendor to Forward Title and Copy of Mortgage to Secretary of State; Fee.

566.251 Automobile accessories sold upon chattel mortgage or conditional sale; vendor to forward title and copy of mortgage to secretary of state; fee. Sec. 1.  Any person, firm or corporation selling to any owner of a motor vehicle which has heretofore or is hereafter issued a Michigan certificate of title as provided by Act No. 46 of the Public Acts of 1921, as amended, any accessory, equipment, additional part or replacement part for said motor vehicle, and securing the payment of same by the taking of a chattel mortgage, conditional sales contract or title retaining note upon such motor vehicle, shall at the time such sale is consummated furnish the purchaser a statement of said sale giving substantially the following information: date of sale; amount of chattel mortgage, conditional sales contract or title retaining note; accessory, additional part or replacement part sold and date of final payment of said chattel mortgage, conditional sales contract or title retaining note and shall immediately forward to the secretary of state the certificate of title of the purchaser and a true copy of the chattel mortgage, conditional sales contract or title retaining note, together with the sum of 50 cents to be paid by the purchaser of such accessory, additional part or replacement part. History: 1937, Act 305, Imd. Eff. July 23, 1937 ;-- Am. 1941, Act 202, Eff. Jan. 10, 1942 ;-- CL 1948, 566.251 Compiler's Notes: Act 46 of 1921, referred to in this section, was repealed by Act 300 of 1949.
MI Comp L § 566.252 (2021)
2021 Michigan Compiled Laws|Chapter 566 - Fraudulent Conveyances and Contracts|Act 305 of 1937 - Automobile Accessories; Recording Chattel Mortgages and Conditional Sales Contracts (566.251 - 566.253)|Section 566.252 - Automobile Accessories Sold Upon Chattel Mortgage or Conditional Sale; Recording Upon Title; Additional Information.

566.252 Automobile accessories sold upon chattel mortgage or conditional sale; recording upon title; additional information. Sec. 2.  Upon receipt of such certificate of title and such true copy of the chattel mortgage, conditional sales contract or title retaining note by the secretary of state, accompanied by the fee of 50 cents, the secretary of state shall record upon the certificate of title in a suitable place the information contained in said chattel mortgage, conditional sales contract or title retaining note. The secretary of state may require such additional information as he deems necessary to fairly state the essential provisions of said chattel mortgage, conditional sales contract or title retaining note and after recording said chattel mortgage, conditional sales contract or title retaining note upon the certificate of title, return same to the owner thereof. History: 1937, Act 305, Imd. Eff. July 23, 1937 ;-- Am. 1941, Act 202, Eff. Jan. 10, 1942 ;-- CL 1948, 566.252
MI Comp L § 566.253 (2021)
2021 Michigan Compiled Laws|Chapter 566 - Fraudulent Conveyances and Contracts|Act 305 of 1937 - Automobile Accessories; Recording Chattel Mortgages and Conditional Sales Contracts (566.251 - 566.253)|Section 566.253 - Automobile Accessories Sold Upon Chattel Mortgage or Conditional Sale; Invalid Against Bona Fide Purchaser Unless Recorded.

566.253 Automobile accessories sold upon chattel mortgage or conditional sale; invalid against bona fide purchaser unless recorded. Sec. 3.  No chattel mortgage, conditional sales contract or title retaining note upon any motor vehicle taken to secure the payment of the purchase price of the sale of any accessory, equipment, additional part or replacement part, shall be valid as against any subsequent purchaser of any motor vehicle heretofore or hereafter titled under the Michigan certificate of title law or against any person, firm or corporation loaning money on said motor vehicle subsequent to such sale unless the provisions of this act have been fully complied with by the seller as herein provided and no civil action of any nature shall lie or be maintained in any court of the state against such subsequent purchaser or mortgagee unless such chattel mortgage, conditional sales contract or title retaining note shall have been recorded upon the purchaser's certificate of title at the time and in the manner herein provided. History: 1937, Act 305, Imd. Eff. July 23, 1937 ;-- Am. 1941, Act 202, Eff. Jan. 10, 1942 ;-- CL 1948, 566.253
MI Comp L § 566.303-566.314 (2021)
2021 Michigan Compiled Laws|Chapter 566 - Fraudulent Conveyances and Contracts|Act 305 of 1939 - Motor Vehicle Installment Sales Contracts (566.301 - 566.314)|Section 566.303-566.314 - Repealed. 1962, Act 174, Eff. Jan. 1, 1964.

566.303-566.314 Repealed. 1962, Act 174, Eff. Jan. 1, 1964. Compiler's Notes: The repealed sections provided for regulation of retail installment sales contracts covering motor vehicles.
MI Comp L § 566.551 (2021)
2021 Michigan Compiled Laws|Chapter 566 - Fraudulent Conveyances and Contracts|Act 331 of 1937 - Correspondence School Contracts (566.551 - 566.552)|Section 566.551 - Contracts With Correspondence Schools; Construction, Negotiability.

566.551 Contracts with correspondence schools; construction, negotiability. Sec. 1.  Any contract for the furnishing of a course of study or the sale of books or rendering other service in connection therewith by a correspondence school which is signed by the other party to such contract in this state shall for the purpose of this act be deemed to have been completely executed in this state and the validity of any such contract shall be determined by the laws of this state. Every assignee or other transferee of any such contract or other instrument, whether or not such instrument is negotiable and regardless of the person to whom such instrument is made payable, which is executed by such other party either in payment of, or as evidence of, or as security for the consideration which under such contract such other party is required to pay, or any part thereof, shall be conclusively presumed to have had knowledge at the time of the transfer of such instrument to him of any defense the maker thereof would have had as against the other party to such contract or instrument, which defense shall be available to him as defense in such action. History: 1937, Act 331, Imd. Eff. July 24, 1937 ;-- CL 1948, 566.551
MI Comp L § 566.552 (2021)
2021 Michigan Compiled Laws|Chapter 566 - Fraudulent Conveyances and Contracts|Act 331 of 1937 - Correspondence School Contracts (566.551 - 566.552)|Section 566.552 - Correspondence School Contracts; Definitions.

566.552 Correspondence school contracts; definitions. Sec. 2.  As used in this act the following terms shall have the meaning respectively ascribed to them in this section except in such case as the context clearly indicates a different meaning:  (a) "Correspondence school." Any school, preparatory school, business school, college, academy, university, other institution or any person that teaches or undertakes or proposes to teach students or renders any educational service or undertakes or proposes to prepare such students to study or furnishes or undertakes to furnish to any person a course of study, through the use of United States mail, express or other common carrier or by any means of communication other than resident instruction, and  (b) "Course of study" shall include education, teaching or instruction in any subject of general, business or professional education.  (c) "Owner." The person, partnership, association or corporation which owns or operates any correspondence school regardless of whether or not such school or the principal place of business thereof is located within or without the state of Michigan, or in case the same is owned by a natural person or partnership as to whether or not the owner or owners reside within the state of Michigan, or in case of an association or corporation, whether or not the same is organized or incorporated under the laws of the state of Michigan or some other state, and whether or not such corporation or association is authorized to do business in the state of Michigan.  (d) "Person" shall include a natural person, partnership, association and corporation.  The singular of any word shall include the plural and the plural of any word shall include the singular. Each gender shall include each of the other 2 genders. History: 1937, Act 331, Imd. Eff. July 24, 1937 ;-- CL 1948, 566.552
MI Comp L § 567.221 (2021)
2021 Michigan Compiled Laws|Chapter 567 - Escheats|Act 29 of 1995 - Uniform Unclaimed Property Act (567.221 - 567.265)|Section 567.221 - Short Title.

567.221 Short title. Sec. 1.  This act shall be known and may be cited as the "uniform unclaimed property act". History: 1995, Act 29, Eff. Mar. 28, 1996