Michigan Compiled Laws

Mich. Comp. Laws § 440.1208 (2026)

Repealed. 2012, Act 86, Eff. July 1, 2013.

✓ current as of July 2026

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UNIFORM COMMERCIAL CODE

Act 174 of 1962

440.1208 Repealed. 2012, Act 86, Eff. July 1, 2013.

Repealed. 2012, Act 86, Eff. July 1, 2013.

Compiler's Notes:

The repealed section pertained to right to accelerate or require collateral.

Notes of Decisions

Cited in 4 cases, 1986–1999 · leading case: Stoddard v. Mfrs. Nat'l Bank, 593 N.W.2d 630 (Mich. Ct. App. 1999).

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Stoddard v. Mfrs. Nat'l Bank, 593 N.W.2d 630 (Mich. Ct. App. 1999). “MCL 440.1208; MSA 19.1208. Because there was a material decline in the value of the stock which justified the bank in feeling insecure about the prospect of repayment, we agree with the trial court that no genuine issue of material fact existed regarding whether defendant’s…”

Check Reporting Servs., Inc v. Michigan Nat'l Bank-Lansing, 478 N.W.2d 893 (Mich. Ct. App. 1991). “As stated in the official comment to § 1-203, particular applications of the basic principle set forth in § 1-203 appear in specific provisions of the code, such as § 1-208, MCL 440.1208; MSA 19.1208, which concerns the right to accelerate at will.”

East Lansing State Bank v. Red Cedar Constr. Co. (In Re Red Cedar Constr. Co.), 63 B.R. 228 (Bankr. W.D. Mich. 1986). · cites it 2× “” Mich.Comp.Laws § 440.1208 (1962) (Mich.Stat.”

Carpenters S. California Admin. Corp. v. Mfrs. Nat'l Bank of Detroit, Pheney Constr. Co., 910 F.2d 1339 (6th Cir. 1990). “2d 21, 22 (1985); Mich. Comp. Laws § 440.1208 (1981).”

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