Michigan § 440.9106 - Control of investment property.
Full text of Michigan Michigan Compiled Laws § 440.9106 — Control of investment property., with citation guidance and answers to common questions.
§ 440.9106. Control of investment property.
A person has control of a certificated security, uncertificated security, or security entitlement as provided in section 8106.
A secured party has control of a commodity contract if either of the following is met:
The secured party is the commodity intermediary with which the commodity contract is carried.
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.
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.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 440.9106
What does Michigan Compiled Laws § 440.9106 cover?
Section 440.9106 ("Control of investment property.") 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 § 440.9106?
A common citation format is "Michigan Compiled Laws § 440.9106" (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 § 440.9106 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.