Strict Compliance Exception for 2020 to 2021; Applicability to Transactions Under Uniform Commercial Code.

Checkout our iOS App for a better way to browser and research.

Sec. 18a.

(1) Notwithstanding any other provision of this act, for the period beginning April 30, 2020 and ending June 30, 2021, strict compliance with section 18 is suspended to permit each state department to send and accept electronic records and electronic signatures to and from other persons without a determination from or approval by the department of technology, management, and budget.

(2) Except as otherwise provided in this subsection, this act applies to a transaction that is governed by the uniform commercial code and entered into on or after April 30, 2020 and before July 1, 2021. During the time period described in this subsection, to the extent there is a conflict between the uniform commercial code and this act, the uniform commercial code controls.

(3) As used in this section, "the uniform commercial code" means the uniform commercial code, 1962 PA 174, MCL 440.1101 to 440.9994.

History: Add. 2020, Act 247, Imd. Eff. Nov. 5, 2020 ;-- Am. 2020, Act 335, Imd. Eff. Dec. 29, 2020


Download our app to see the most-to-date content.