Michigan Laws 442.215 – Conduct of certain sales; conditions
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Terms Used In Michigan Laws 442.215
- Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
- Executor: A male person named in a will to carry out the decedent
- Goods: means all goods, wares, merchandise and other personal property, excepting, choses in action and money. See Michigan Laws 442.211
- Person: includes a person, firm, corporation, partnership, association or 2 or more persons having a joint or common interest. See Michigan Laws 442.211
- state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories belonging to the United States; and the words "United States" shall be construed to include the district and territories. See Michigan Laws 8.3o
- Trustee: A person or institution holding and administering property in trust.
No person shall advertise or otherwise to represent, for sale, or sell, any goods as a bankruptcy, executor‘s, administrator’s, receiver’s, or trustee‘s sales, except pursuant to, and in compliance with, federal or state statutory authority or judicial process, or as an assignee’s or insolvent sale except where there is a bona fide assignment for the benefit of creditors.