Mich. Comp. Laws § 450.848a

Current through Public Act 122 of the 2024 Legislative Session
Section 450.848a - Strict compliance exception for 2020 to 2021; applicability to transactions under uniform commercial code
(1) Notwithstanding any other provision of this act, for the period beginning April 30, 2020 and ending June 30, 2021, strict compliance with section 18 is suspended to permit each state department to send and accept electronic records and electronic signatures to and from other persons without a determination from or approval by the department of technology, management, and budget.
(2) Except as otherwise provided in this subsection, this act applies to a transaction that is governed by the uniform commercial code and entered into on or after April 30, 2020 and before July 1, 2021. During the time period described in this subsection, to the extent there is a conflict between the uniform commercial code and this act, the uniform commercial code controls.
(3) As used in this section, "the uniform commercial code" means the uniform commercial code, 1962 PA 174, MCL 440.1101 to 440.9994.

MCL 450.848a

Amended by 2020, Act 335,s 1, eff. 12/29/2020.
Added by 2020, Act 247,s 3, eff. 11/5/2020.