Mich. Admin. Code R. 440.416
Current through Vol. 24-19, November 1, 2024
Rule 416. The filing officer shall take no action upon receipt of a notification, formal or informal, of a bankruptcy proceeding involving a debtor named in the UCC information management system. Financing statements lapse in the UCC information management system as scheduled unless properly continued.
Mich. Admin. Code R. 440.416