Commercial code: other; references to uniform commercial code in state housing development authority act of 1966; revise. Amends sec. 25 of 1966 PA 346 (MCL 125.1425). TIE BAR WITH: HB 6347'26
bill electronically reproduced 09/24/2026
Summary
The bill amends Section 25 of the 1966 State Housing Development Authority Act to bring its language in line with the current Uniform Commercial Code. It impacts the authority’s contracts and any parties that engage in commercial transactions under its umbrella. The change is meant to keep the law consistent with modern commercial standards.
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