reglab/housing_qa huggingface dataset:
MI Comp L § 324.21553 (2021)
2021 Michigan Compiled Laws|Chapter 324 - Natural Resources and Environmental Protection|Act 451 of 1994 - Natural Resources and Environmental Protection Act (324.101 - 324.90106)|Article II - Pollution Control (324.3101...324.21563)|451-1994-II-8 - Chapter 8 Underground Storage Tanks (324.21101...324.21563)|451-1994-II-8-215 - Part 215 Underground Storage Tank Corrective Action Funding (324.21501...324.21563)|Section 324.21553 - Repealed. 2014, Act 416, Imd. Eff. Dec. 30, 2014.

324.21553 Repealed. 2014, Act 416, Imd. Eff. Dec. 30, 2014. Compiler's Notes: The repealed section pertained to establishment of refined petroleum product cleanup initial program.
MI Comp L § 324.21554 (2021)
2021 Michigan Compiled Laws|Chapter 324 - Natural Resources and Environmental Protection|Act 451 of 1994 - Natural Resources and Environmental Protection Act (324.101 - 324.90106)|Article II - Pollution Control (324.3101...324.21563)|451-1994-II-8 - Chapter 8 Underground Storage Tanks (324.21101...324.21563)|451-1994-II-8-215 - Part 215 Underground Storage Tank Corrective Action Funding (324.21501...324.21563)|Section 324.21554 - Repealed. 2014, Act 416, Imd. Eff. Dec. 30, 2014.

324.21554 Repealed. 2014, Act 416, Imd. Eff. Dec. 30, 2014. Compiler's Notes: The repealed section pertained to establishment of temporary reimbursement program.
MI Comp L § 324.21555 (2021)
2021 Michigan Compiled Laws|Chapter 324 - Natural Resources and Environmental Protection|Act 451 of 1994 - Natural Resources and Environmental Protection Act (324.101 - 324.90106)|Article II - Pollution Control (324.3101...324.21563)|451-1994-II-8 - Chapter 8 Underground Storage Tanks (324.21101...324.21563)|451-1994-II-8-215 - Part 215 Underground Storage Tank Corrective Action Funding (324.21501...324.21563)|Section 324.21555 - Repealed. 2014, Act 416, Imd. Eff. Dec. 30, 2014.

324.21555 Repealed. 2014, Act 416, Imd. Eff. Dec. 30, 2014. Compiler's Notes: The repealed section pertained to administration and implementation of temporary reimbursement program.
MI Comp L § 324.21556 (2021)
2021 Michigan Compiled Laws|Chapter 324 - Natural Resources and Environmental Protection|Act 451 of 1994 - Natural Resources and Environmental Protection Act (324.101 - 324.90106)|Article II - Pollution Control (324.3101...324.21563)|451-1994-II-8 - Chapter 8 Underground Storage Tanks (324.21101...324.21563)|451-1994-II-8-215 - Part 215 Underground Storage Tank Corrective Action Funding (324.21501...324.21563)|Section 324.21556 - Repealed. 2014, Act 416, Imd. Eff. Dec. 30, 2014.

324.21556 Repealed. 2014, Act 416, Imd. Eff. Dec. 30, 2014. Compiler's Notes: The repealed section pertained to first round precertification applications.
MI Comp L § 324.21557 (2021)
2021 Michigan Compiled Laws|Chapter 324 - Natural Resources and Environmental Protection|Act 451 of 1994 - Natural Resources and Environmental Protection Act (324.101 - 324.90106)|Article II - Pollution Control (324.3101...324.21563)|451-1994-II-8 - Chapter 8 Underground Storage Tanks (324.21101...324.21563)|451-1994-II-8-215 - Part 215 Underground Storage Tank Corrective Action Funding (324.21501...324.21563)|Section 324.21557 - Repealed. 2014, Act 416, Imd. Eff. Dec. 30, 2014.

324.21557 Repealed. 2014, Act 416, Imd. Eff. Dec. 30, 2014. Compiler's Notes: The repealed section pertained to second round precertification applications.
MI Comp L § 324.21558 (2021)
2021 Michigan Compiled Laws|Chapter 324 - Natural Resources and Environmental Protection|Act 451 of 1994 - Natural Resources and Environmental Protection Act (324.101 - 324.90106)|Article II - Pollution Control (324.3101...324.21563)|451-1994-II-8 - Chapter 8 Underground Storage Tanks (324.21101...324.21563)|451-1994-II-8-215 - Part 215 Underground Storage Tank Corrective Action Funding (324.21501...324.21563)|Section 324.21558 - Repealed. 2014, Act 416, Imd. Eff. Dec. 30, 2014.

324.21558 Repealed. 2014, Act 416, Imd. Eff. Dec. 30, 2014. Compiler's Notes: The repealed section pertained to performance of corrective actions by eligible person and compliance with certain requirements.
MI Comp L § 324.21559 (2021)
2021 Michigan Compiled Laws|Chapter 324 - Natural Resources and Environmental Protection|Act 451 of 1994 - Natural Resources and Environmental Protection Act (324.101 - 324.90106)|Article II - Pollution Control (324.3101...324.21563)|451-1994-II-8 - Chapter 8 Underground Storage Tanks (324.21101...324.21563)|451-1994-II-8-215 - Part 215 Underground Storage Tank Corrective Action Funding (324.21501...324.21563)|Section 324.21559 - Repealed. 2014, Act 416, Imd. Eff. Dec. 30, 2014.

324.21559 Repealed. 2014, Act 416, Imd. Eff. Dec. 30, 2014. Compiler's Notes: The repealed section pertained to receipt of money under temporary reimbursement fund for corrective actions.
MI Comp L § 324.21560 (2021)
2021 Michigan Compiled Laws|Chapter 324 - Natural Resources and Environmental Protection|Act 451 of 1994 - Natural Resources and Environmental Protection Act (324.101 - 324.90106)|Article II - Pollution Control (324.3101...324.21563)|451-1994-II-8 - Chapter 8 Underground Storage Tanks (324.21101...324.21563)|451-1994-II-8-215 - Part 215 Underground Storage Tank Corrective Action Funding (324.21501...324.21563)|Section 324.21560 - Repealed. 2014, Act 416, Imd. Eff. Dec. 30, 2014.

324.21560 Repealed. 2014, Act 416, Imd. Eff. Dec. 30, 2014. Compiler's Notes: The repealed section pertained to assignment or transfer of approved precertification application.
MI Comp L § 324.21561 (2021)
2021 Michigan Compiled Laws|Chapter 324 - Natural Resources and Environmental Protection|Act 451 of 1994 - Natural Resources and Environmental Protection Act (324.101 - 324.90106)|Article II - Pollution Control (324.3101...324.21563)|451-1994-II-8 - Chapter 8 Underground Storage Tanks (324.21101...324.21563)|451-1994-II-8-215 - Part 215 Underground Storage Tank Corrective Action Funding (324.21501...324.21563)|Section 324.21561 - Repealed. 2014, Act 416, Imd. Eff. Dec. 30, 2014.

324.21561 Repealed. 2014, Act 416, Imd. Eff. Dec. 30, 2014. Compiler's Notes: The repealed section pertained to denial of precertification application or work invoice.
MI Comp L § 324.21562 (2021)
2021 Michigan Compiled Laws|Chapter 324 - Natural Resources and Environmental Protection|Act 451 of 1994 - Natural Resources and Environmental Protection Act (324.101 - 324.90106)|Article II - Pollution Control (324.3101...324.21563)|451-1994-II-8 - Chapter 8 Underground Storage Tanks (324.21101...324.21563)|451-1994-II-8-215 - Part 215 Underground Storage Tank Corrective Action Funding (324.21501...324.21563)|Section 324.21562 - Repealed. 2012, Act 113, Imd. Eff. May 1, 2012.

324.21562 Repealed. 2012, Act 113, Imd. Eff. May 1, 2012. Compiler's Notes: For abolishment of the temporary reimbursement program advisory board and transfer of its powers and duties to the department of environmental quality, see E.R.O. No. 2007-3, compiled at MCL 324.99905.The repealed section pertained to creation of temporary reimbursement program advisory board.Popular Name: Act 451Popular Name: NREPA
MI Comp L § 324.21563 (2021)
2021 Michigan Compiled Laws|Chapter 324 - Natural Resources and Environmental Protection|Act 451 of 1994 - Natural Resources and Environmental Protection Act (324.101 - 324.90106)|Article II - Pollution Control (324.3101...324.21563)|451-1994-II-8 - Chapter 8 Underground Storage Tanks (324.21101...324.21563)|451-1994-II-8-215 - Part 215 Underground Storage Tank Corrective Action Funding (324.21501...324.21563)|Section 324.21563 - Repealed. 2014, Act 416, Imd. Eff. Dec. 30, 2014.

324.21563 Repealed. 2014, Act 416, Imd. Eff. Dec. 30, 2014. Compiler's Notes: The repealed section pertained to cessation of temporary reimbursement program.
MI Comp L § 440.9101 (2021)
2021 Michigan Compiled Laws|Chapter 440 - Uniform Commercial Code|Act 174 of 1962 - Uniform Commercial Code (440.1101 - 440.11102)|Article 9 - Secured Transactions (440.9101...440.9994)|174-1962-9-1 - Part 1 General Provisions (440.9101...440.9116)|174-1962-9-1-1. - Subpart 1. Short Title, Definitions, and General Concepts (440.9101...440.9108)|Section 440.9101 - Uniform Commercial Code—secured Transactions; Short Title.

440.9101 Uniform commercial code—secured transactions; short title. Sec. 9101.  This article shall be known and may be cited as "uniform commercial code—secured transactions". History: 1962, Act 174, Eff. Jan. 1, 1964
MI Comp L § 440.9104 (2021)
2021 Michigan Compiled Laws|Chapter 440 - Uniform Commercial Code|Act 174 of 1962 - Uniform Commercial Code (440.1101 - 440.11102)|Article 9 - Secured Transactions (440.9101...440.9994)|174-1962-9-1 - Part 1 General Provisions (440.9101...440.9116)|174-1962-9-1-1. - Subpart 1. Short Title, Definitions, and General Concepts (440.9101...440.9108)|Section 440.9104 - Control of Deposit Account.

440.9104 Control of deposit account. Sec. 9104.  (1) A secured party has control of a deposit account if 1 or more of the following apply:  (a) The secured party is the bank with which the deposit account is maintained.  (b) The debtor, secured party, and bank have agreed in an authenticated record that the bank will comply with instructions originated by the secured party directing disposition of the funds in the deposit account without further consent by the debtor.  (c) The secured party becomes the bank's customer with respect to the deposit account.  (2) A secured party that has satisfied subsection (1) has control, even if the debtor retains the right to direct the disposition of funds from the deposit account. History: 1962, Act 174, Eff. Jan. 1, 1964 ;-- Am. 1978, Act 369, Eff. Jan. 1, 1979 ;-- Am. 1998, Act 488, Imd. Eff. Jan. 4, 1999 ;-- Am. 2000, Act 348, Eff. July 1, 2001
MI Comp L § 440.9105 (2021)
2021 Michigan Compiled Laws|Chapter 440 - Uniform Commercial Code|Act 174 of 1962 - Uniform Commercial Code (440.1101 - 440.11102)|Article 9 - Secured Transactions (440.9101...440.9994)|174-1962-9-1 - Part 1 General Provisions (440.9101...440.9116)|174-1962-9-1-1. - Subpart 1. Short Title, Definitions, and General Concepts (440.9101...440.9108)|Section 440.9105 - Control of Electronic Chattel Paper.

440.9105 Control of electronic chattel paper.Sec. 9105.  (1) A secured party has control of electronic chattel paper if a system employed for evidencing the transfer of interests in the chattel paper reliably establishes the secured party as the person to which the chattel paper was assigned.  (2) A system satisfies subsection (1) if the record or records comprising the chattel paper are created, stored, and assigned in such a manner that all of the following apply:  (a) A single authoritative copy of the record or records exists which is unique, identifiable, and, except as otherwise provided in subdivisions (d), (e), and (f), unalterable.  (b) The authoritative copy identifies the secured party as the assignee of the record or records.  (c) The authoritative copy is communicated to and maintained by the secured party or its designated custodian.  (d) Copies or amendments that add or change an identified assignee of the authoritative copy can be made only with the consent of the secured party.  (e) Each copy of the authoritative copy and any copy of a copy is readily identifiable as a copy that is not the authoritative copy.  (f) Any amendment of the authoritative copy is readily identifiable as authorized or unauthorized. History: 1962, Act 174, Eff. Jan. 1, 1964 ;-- Am. 1978, Act 369, Eff. Jan. 1, 1979 ;-- Am. 1987, Act 16, Imd. Eff. Apr. 24, 1987 ;-- Am. 1988, Act 130, Eff. Sept. 1, 1988 ;-- Am. 1998, Act 278, Imd. Eff. July 27, 1998 ;-- Am. 1998, Act 488, Imd. Eff. Jan. 4, 1999 ;-- Am. 2000, Act 348, Eff. July 1, 2001 ;-- Am. 2012, Act 88, Eff. July 1, 2013
MI Comp L § 440.9106 (2021)
2021 Michigan Compiled Laws|Chapter 440 - Uniform Commercial Code|Act 174 of 1962 - Uniform Commercial Code (440.1101 - 440.11102)|Article 9 - Secured Transactions (440.9101...440.9994)|174-1962-9-1 - Part 1 General Provisions (440.9101...440.9116)|174-1962-9-1-1. - Subpart 1. Short Title, Definitions, and General Concepts (440.9101...440.9108)|Section 440.9106 - Control of Investment Property.

440.9106 Control of investment property. Sec. 9106.  (1) A person has control of a certificated security, uncertificated security, or security entitlement as provided in section 8106.  (2) A secured party has control of a commodity contract if either of the following is met:  (a) The secured party is the commodity intermediary with which the commodity contract is carried.  (b) The commodity customer, secured party, and commodity intermediary have agreed that the commodity intermediary will apply any value distributed on account of the commodity contract as directed by the secured party without further consent by the commodity customer.  (3) A secured party having control of all security entitlements or commodity contracts carried in a securities account or commodity account has control over the securities account or commodity account. History: 1962, Act 174, Eff. Jan. 1, 1964 ;-- Am. 1978, Act 369, Eff. Jan. 1, 1979 ;-- Am. 1998, Act 278, Imd. Eff. July 27, 1998 ;-- Am. 1998, Act 488, Imd. Eff. Jan. 4, 1999 ;-- Am. 2000, Act 348, Eff. July 1, 2001
MI Comp L § 440.9107 (2021)
2021 Michigan Compiled Laws|Chapter 440 - Uniform Commercial Code|Act 174 of 1962 - Uniform Commercial Code (440.1101 - 440.11102)|Article 9 - Secured Transactions (440.9101...440.9994)|174-1962-9-1 - Part 1 General Provisions (440.9101...440.9116)|174-1962-9-1-1. - Subpart 1. Short Title, Definitions, and General Concepts (440.9101...440.9108)|Section 440.9107 - Control of Letter-of-Credit Right.

440.9107 Control of letter-of-credit right. Sec. 9107.  A secured party has control of a letter-of-credit right to the extent of any right to payment or performance by the issuer or any nominated person if the issuer or nominated person has consented to an assignment of proceeds of the letter of credit under section 5114(3) or otherwise applicable law or practice. History: 1962, Act 174, Eff. Jan. 1, 1964 ;-- Am. 2000, Act 348, Eff. July 1, 2001
MI Comp L § 440.9108 (2021)
2021 Michigan Compiled Laws|Chapter 440 - Uniform Commercial Code|Act 174 of 1962 - Uniform Commercial Code (440.1101 - 440.11102)|Article 9 - Secured Transactions (440.9101...440.9994)|174-1962-9-1 - Part 1 General Provisions (440.9101...440.9116)|174-1962-9-1-1. - Subpart 1. Short Title, Definitions, and General Concepts (440.9101...440.9108)|Section 440.9108 - Sufficiency of Description.

440.9108 Sufficiency of description. Sec. 9108.  (1) Except as otherwise provided in subsections (3), (4), and (5), a description of personal or real property is sufficient, whether or not it is specific, if it reasonably identifies what is described.  (2) Except as otherwise provided in subsection (4), a description of collateral reasonably identifies the collateral if it identifies the collateral by 1 or more of the following:  (a) Specific listing.  (b) Category.  (c) Except as otherwise provided in subsection (5), a type of collateral defined in the uniform commercial code.  (d) Quantity.  (e) Computational or allocational formula or procedure.  (f) Except as otherwise provided in subsection (3), any other method, if the identity of the collateral is objectively determinable.  (3) A description of collateral as "all the debtor's assets" or "all the debtor's personal property" or using words of similar import does not reasonably identify the collateral.  (4) Except as otherwise provided in subsection (5), a description of a security entitlement, securities account, or commodity account is sufficient if it describes 1 or more of the following:  (a) The collateral by the term security entitlement, securities account, or commodity account, or as investment property.  (b) The underlying financial asset or commodity contract.  (5) A description only by type of collateral defined in the uniform commercial code is an insufficient description of either of the following:  (a) A commercial tort claim.  (b) In a consumer transaction, consumer goods, a security entitlement, a securities account, or a commodity account. History: 1962, Act 174, Eff. Jan. 1, 1964 ;-- Am. 2000, Act 348, Eff. July 1, 2001
MI Comp L § 440.9110 (2021)
2021 Michigan Compiled Laws|Chapter 440 - Uniform Commercial Code|Act 174 of 1962 - Uniform Commercial Code (440.1101 - 440.11102)|Article 9 - Secured Transactions (440.9101...440.9994)|174-1962-9-1 - Part 1 General Provisions (440.9101...440.9116)|174-1962-9-1-2. - Subpart 2. Applicability of Article (440.9109...440.9116)|Section 440.9110 - Security Interests Arising Under Article 2 or 2a.

440.9110 Security interests arising under article 2 or 2A. Sec. 9110.  A security interest arising under section 2401, 2505, 2711(3), or 2A508(5) is subject to this article. However, until the debtor obtains possession of the goods, all of the following apply:  (a) The security interest is enforceable, even if section 9203(2)(c) has not been satisfied.  (b) Filing is not required to perfect the security interest.  (c) The rights of the secured party after default by the debtor are governed by article 2 or 2A.  (d) The security interest has priority over a conflicting security interest created by the debtor. History: 1962, Act 174, Eff. Jan. 1, 1964 ;-- Am. 2000, Act 348, Eff. July 1, 2001
MI Comp L § 440.9111 (2021)
2021 Michigan Compiled Laws|Chapter 440 - Uniform Commercial Code|Act 174 of 1962 - Uniform Commercial Code (440.1101 - 440.11102)|Article 9 - Secured Transactions (440.9101...440.9994)|174-1962-9-1 - Part 1 General Provisions (440.9101...440.9116)|174-1962-9-1-2. - Subpart 2. Applicability of Article (440.9109...440.9116)|Section 440.9111 - Repealed. 1998, Act 489, Imd. Eff. Jan. 4, 1999.

440.9111 Repealed. 1998, Act 489, Imd. Eff. Jan. 4, 1999. Compiler's Notes: The repealed section pertained to creation of security interest as bulk transfer.
MI Comp L § 440.9112-440.9116 (2021)
2021 Michigan Compiled Laws|Chapter 440 - Uniform Commercial Code|Act 174 of 1962 - Uniform Commercial Code (440.1101 - 440.11102)|Article 9 - Secured Transactions (440.9101...440.9994)|174-1962-9-1 - Part 1 General Provisions (440.9101...440.9116)|174-1962-9-1-2. - Subpart 2. Applicability of Article (440.9109...440.9116)|Section 440.9112-440.9116 - Repealed. 2000, Act 348, Eff. July 1, 2001.

440.9112-440.9116 Repealed. 2000, Act 348, Eff. July 1, 2001. Compiler's Notes: The repealed sections pertained to collateral not owned by debtor, security interests arising under article on sales, consignment, attachment or perfection, and buyer obligations.
MI Comp L § 440.9201 (2021)
2021 Michigan Compiled Laws|Chapter 440 - Uniform Commercial Code|Act 174 of 1962 - Uniform Commercial Code (440.1101 - 440.11102)|Article 9 - Secured Transactions (440.9101...440.9994)|174-1962-9-2 - Part 2 Effectiveness of Security Agreement; Attachment of Security Interest; Rights of Parties to Security Agreement (440.9201...440.9210)|174-1962-9-2-1. - Subpart 1. Effectiveness and Attachment (440.9201...440.9206)|Section 440.9201 - General Effectiveness of Security Agreement.

440.9201 General effectiveness of security agreement. Sec. 9201.  (1) Except as otherwise provided in this act, a security agreement is effective according to its terms between the parties, against purchasers of the collateral, and against creditors.  (2) A transaction subject to this article is subject to any applicable rule of law that establishes a different rule for consumers and to each of the following, as applicable:  (a) The regulatory loan act of 1963, 1939 PA 21, MCL 493.1 to 493.26.  (b) 1939 PA 305, MCL 566.301 to 566.302.  (c) The motor vehicle sales finance act, 1950 (Ex Sess) PA 27, MCL 492.101 to 492.141.  (d) The mobile home commission act, 1987 PA 96, MCL 125.2301 to 125.2349.  (e) The Michigan vehicle code, 1949 PA 300, MCL 257.1 to 257.923.  (f) 1978 PA 387, MCL 257.931 to 257.937.  (g) 1986 PA 87, MCL 257.1401 to 257.1410.  (h) The grain dealers act, 1939 PA 141, MCL 285.61 to 285.82a.  (i) The Michigan family farm development act, 1982 PA 220, MCL 285.251 to 285.279.  (j) The natural resources and environmental protection act, 1994 PA 451, MCL 324.101 to 324.90106.  (k) 1982 PA 459, MCL 325.851 to 325.858.  (l) 1970 PA 90, MCL 442.311 to 442.315.  (m) 1971 PA 227, MCL 445.111 to 445.117.  (n) The retail installment sales act, 1966 PA 224, MCL 445.851 to 445.873.  (o) The Michigan consumer protection act, 1976 PA 331, MCL 445.901 to 445.922.  (p) The home improvement finance act, 1965 PA 332, MCL 445.1101 to 445.1431.  (q) 1941 PA 238, MCL 566.1.  (r) The garage keeper's lien act, 1915 PA 312, MCL 570.301 to 570.309.  (s) 1939 PA 3, MCL 460.1 to 460.10cc.  (t) 1981 PA 155, MCL 445.611 to 445.620c.  (u) The special tools lien act.  (3) In case of conflict between this article and a rule of law, statute, or regulation described in subsection (2), the rule of law, statute, or regulation controls. Failure to comply with a statute or regulation described in subsection (2) has only the effect the statute or regulation specifies.  (4) This article does not validate any rate, charge, agreement, or practice that violates a rule of law, statute, or regulation described in subsection (2), or extend the application of the rule of law, statute, or regulation to a transaction not otherwise subject to it. History: 1962, Act 174, Eff. Jan. 1, 1964 ;-- Am. 2000, Act 348, Eff. July 1, 2001 ;-- Am. 2002, Act 18, Imd. Eff. Mar. 1, 2002 ;-- Am. 2002, Act 480, Imd. Eff. June 27, 2002
MI Comp L § 440.9202 (2021)
2021 Michigan Compiled Laws|Chapter 440 - Uniform Commercial Code|Act 174 of 1962 - Uniform Commercial Code (440.1101 - 440.11102)|Article 9 - Secured Transactions (440.9101...440.9994)|174-1962-9-2 - Part 2 Effectiveness of Security Agreement; Attachment of Security Interest; Rights of Parties to Security Agreement (440.9201...440.9210)|174-1962-9-2-1. - Subpart 1. Effectiveness and Attachment (440.9201...440.9206)|Section 440.9202 - Title to Collateral Immaterial.

440.9202 Title to collateral immaterial. Sec. 9202.  Except as otherwise provided with respect to consignments or sales of accounts, chattel paper, payment intangibles, or promissory notes, the provisions of this article with regard to rights and obligations apply whether title to collateral is in the secured party or the debtor. History: 1962, Act 174, Eff. Jan. 1, 1964 ;-- Am. 2000, Act 348, Eff. July 1, 2001
MI Comp L § 440.9204 (2021)
2021 Michigan Compiled Laws|Chapter 440 - Uniform Commercial Code|Act 174 of 1962 - Uniform Commercial Code (440.1101 - 440.11102)|Article 9 - Secured Transactions (440.9101...440.9994)|174-1962-9-2 - Part 2 Effectiveness of Security Agreement; Attachment of Security Interest; Rights of Parties to Security Agreement (440.9201...440.9210)|174-1962-9-2-1. - Subpart 1. Effectiveness and Attachment (440.9201...440.9206)|Section 440.9204 - After-Acquired Property; Future Advances.

440.9204 After-acquired property; future advances. Sec. 9204.  (1) Except as otherwise provided in subsection (2), a security agreement may create or provide for a security interest in after-acquired collateral.  (2) A security interest does not attach under a term constituting an after-acquired property clause to either of the following:  (a) Consumer goods, other than an accession when given as additional security, unless the debtor acquires rights in them within 10 days after the secured party gives value.  (b) A commercial tort claim.  (3) A security agreement may provide that collateral secures, or that accounts, chattel paper, payment intangibles, or promissory notes are sold in connection with, future advances or other value, whether or not the advances or value are given pursuant to commitment. History: 1962, Act 174, Eff. Jan. 1, 1964 ;-- Am. 1978, Act 369, Eff. Jan. 1, 1979 ;-- Am. 2000, Act 348, Eff. July 1, 2001