Michigan Laws 570.260 – Assignment or waiver of lien
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Terms Used In Michigan Laws 570.260
- Lien: A claim against real or personal property in satisfaction of a debt.
All liens or claims for liens which may arise or accrue under the terms of this act shall be assignable, and proceedings to enforce such liens, or claims for liens may be maintained by and in the name of the assignees, who shall have as full and ample power to enforce the same as if such proceedings were taken under the provisions of this act by and in the name of the lien claimants themselves.