Mich. Comp. Laws § 600.6125

Current through Public Act 57 of the 2024 Legislative Session

Section 600.6125 - Injunction; vacation; bond

Any person restrained by any injunction under this chapter from transferring or disposing of any property or paying any moneys or indebtedness, may move to vacate the injunction. The court shall vacate the injunction if the person gives bond with sureties approved by the court, the bond containing conditions specified by the court including:

(1) An undertaking to pay the judgment and costs of the proceeding if the judgment creditor or receiver is successful; or

(2) An undertaking in the sum equal to the value of the property or moneys to be released from restraint, to be paid to the judgment creditor or receiver if they are successful.

MCL 600.6125

1961, Act 236, Eff. 1/1/1963.