Michigan § 125.1607a - Pledge by corporation; validity; lien; filing or recording instruments not required.
Full text of Michigan Michigan Compiled Laws § 125.1607a — Pledge by corporation; validity; lien; filing or recording instruments not required., with citation guidance and answers to common questions.
§ 125.1607a. Pledge by corporation; validity; lien; filing or recording instruments not required.
A pledge made by the corporation shall be valid and binding from the time the pledge is made. The money or property pledged and thereafter received by the corporation immediately shall be subject to the lien of the pledge without a physical delivery, filing, or further act. The lien of such a pledge shall be valid and binding as against parties having claims of any kind in tort, contract, or otherwise, against the corporation, irrespective of whether the parties have notice. Neither the resolution, the trust agreement, nor any other instrument by which a pledge is created need be filed or recorded.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 125.1607a
What does Michigan Compiled Laws § 125.1607a cover?
Section 125.1607a ("Pledge by corporation; validity; lien; filing or recording instruments not required.") is part of the Michigan Compiled Laws, the codified statutory law of Michigan. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Michigan § 125.1607a?
A common citation format is "Michigan Compiled Laws § 125.1607a" (Michigan). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Michigan law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Michigan official source linked on this page or consult a licensed Michigan attorney.
How does Michigan § 125.1607a apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Michigan can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Michigan.