Mich. Comp. Laws § 600.3835

Current through Public Act 57 of the 2024 Legislative Session
Section 600.3835 - Proceeds from sale of personal property; application

The proceeds of the sale of the personal property, as provided in section 3830, shall be applied in payment of the costs of the action and abatement, and the balance, if any, shall be paid to qualified secured parties and lien holders and then toward the costs incurred in the prosecution of the action, including reasonable attorney fees for services necessitated as determined by the court, and any remaining balance shall be paid to the persons entitled to them as ordered by the court or, if applicable, as ordered under section 3825(5).

MCL 600.3835

Amended by 2014, Act 387,s 7, eff. 3/31/2015.
1961, Act 236, Eff. 1/1/1963.