MichiganBill sets out code references for vehicle security interests
If House Bill 6347 becomes law, this bill would set out Uniform Commercial Code references for security interests in vehicles.
What it does
The bill text identifies Uniform Commercial Code sections for vehicle security terms and interests. The changes would take effect only if House Bill 6347 becomes law.
Argument forListing the related commercial code sections could help lenders and vehicle owners find rules for recording and prioritizing vehicle security interests.
Argument againstIf the listed code references are unclear or outdated, lenders and vehicle owners could have trouble finding the rules that apply to vehicle security interests.
More detail
The bill text identifies Uniform Commercial Code sections for vehicle security terms and security interests. The references cover defined security terms and rules for recording and prioritizing a security interest in a vehicle. The amendatory act would take effect only if House Bill 6347 is enacted into law. The amendatory act would take effect only if House Bill 6347 is enacted into law.
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Where it stands
- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Sep 29bill electronically reproduced 09/24/2026Latest
- Sep 24referred to Committee on FinanceMinor
- Sep 24read a first timeMinor
- Sep 24introduced by Representative Rep. Pat OutmanIntroduced
Transportation