Terms Used In Michigan Laws > Chapter 125 > Act 122 of 1965 - Federal Funds

• Continuation statement: means an amendment of a financing statement which identifies, by its file number, the initial financing statement to which it relates and indicates that it is a continuation statement for, or that it is filed to continue the effectiveness of, the identified financing statement. See Michigan Laws 440.9102
• Financing statement: means a record or records composed of an initial financing statement and any filed record relating to the initial financing statement. See Michigan Laws 440.9102
• Pre-effective-date financing statement: means a financing statement filed before the effective date of this amendatory act. See Michigan Laws 440.9801
• Public law: A public bill or joint resolution that has passed both chambers and been enacted into law. Public laws have general applicability nationwide.
• Security interest: means an interest in personal property or fixtures which secures payment or performance of an obligation. See Michigan Laws 440.1201
• State: means a state of the United States, the District of Columbia, Puerto Rico, the United States Virgin Islands, or any territory or insular possession subject to the jurisdiction of the United States. See Michigan Laws 440.9102
• This amendatory act: means the amendatory act that added this part. See Michigan Laws 440.9801
• This amended article: means this article as amended by this amendatory act. See Michigan Laws 440.9801