Michigan Compiled Laws
Mich. Comp. Laws § 440.1209 (2026)
Repealed. 2012, Act 86, Eff. July 1, 2013.
✓ current as of July 2026
Find cases:
SyfertCases citing this section
MI-LEGlegislature.mi.gov
JustiaChapter on Justia
CornellLII Search
CasesGoogle Scholar
UNIFORM COMMERCIAL CODE
Act 174 of 1962
440.1209 Repealed. 2012, Act 86, Eff. July 1, 2013.
Repealed. 2012, Act 86, Eff. July 1, 2013.
Compiler's Notes:
The repealed section pertained to subordination.
Notes of Decisions
Cited in 2
cases, 1992–1999 · leading case: Sumitomo Trust & Banking Co. v. Holly's, Inc. (In Re Holly's, Inc.), 140 B.R. 643 (Bankr. W.D. Mich. 1992).
Sumitomo Trust & Banking Co. v. Holly's, Inc. (In Re Holly's, Inc.), 140 B.R. 643 (Bankr. W.D. Mich. 1992). “See Mich.Comp.Laws Ann. § 440.1209. 46 .Ultimately, the article concludes that the best method of assuring the validity of a subordination agreement when a common debtor and junior creditor are both in bankruptcy is to "cast the subordination agreement in the form of an…”
Conagra, Inc v. Farmers State Bank, 602 N.W.2d 390 (Mich. Ct. App. 1999). “MCL 440.1209; MSA 19.1209. Indeed, Article 9 of the ucc has little to say about the creation, interpretation, or enforcement of subordination agreements, other than the statement that “[n]othing in this article prevents subordination by agreement by any person entitled to .”
Annotations are extracted automatically from the opinions in the
Syfert caselaw corpus and ranked by authority, recency, and
treatment. Dots show Syfertize treatment of the citing case itself.