Mich. Comp. Laws § 600.3515
Current through Public Act 57 of the 2024 Legislative Session
All sales, assignments, transfers, mortgages and conveyances of any part of the assets of such corporation made after the filing of such application for dissolution, in payment of or as security for any existing or prior debt, and all judgments confessed by such corporation after that time, and all subsequent levies or garnishments are absolutely void as against the receiver who may be thereafter appointed.
MCL 600.3515