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Michigan Compiled Laws — RIGHTS AND LIABILITY OF MARRIED WOMEN (Act 216 of 1981)

Michigan · statute · 216 of 1981, Mich. Comp. Laws · 8 active provisions

8 active provisions.

Mich. Comp. Laws § 557.21

Status of property acquired by woman before or after marriage; earnings of married woman.

(1) If a woman acquires real or personal property before marriage or becomes entitled to or acquires, after marriage, real or personal property through gift, grant, inheritance, devise, or other manner, that property is and shall remain the property of the woman and be a part of the woman's estate. She may contract wit…

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Mich. Comp. Laws § 557.22

Trustee for married woman; conveyance of property for use and benefit of married woman.

A person who holds as a trustee for a married woman, real or personal property under a deed or conveyance or otherwise, may convey to the married woman, by deed or otherwise, all or any portion of the property or the rents or profits of the property for the sole and separate use and benefit of the married woman.

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Mich. Comp. Laws § 557.25

Married woman as surety for debt or obligation of other person; judgment against married woman; satisfaction.

A married woman may act as a surety for the debt or obligation of another person, including the debt of her husband, by signing a written instrument providing for the suretyship. A judgment entered against the married woman as a surety may be satisfied out of her separate property as described in section 1, whether or…

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Mich. Comp. Laws § 557.26

Pledge or assignment by married woman of interest in separate property as security for debt of other person; contract by married woman giving general guarantee; satisfaction of judgment.

(1) A married woman may enter into a written contract pledging or assigning her interest in her separate property, as described in section 1, as security for the debt of another person, including the debt of her husband. If a married woman signs a written contract pledging or assigning an interest in her separate prope…

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