Commercial code: other; references to uniform commercial code in 1976 PA 289; revise. Amends sec. 5 of 1976 PA 289 (MCL 390.1355). TIE BAR WITH: HB 6347'26

Michigan House Bill 6368 aims to amend Section 5 of Public Act 289 of 1976, which pertains to the state's Uniform Commercial Code. The bill seeks to clarify that notes or bonds issued under this act are considered negotiable instruments under the Uniform Commercial Code, regardless of their classification as negotiable instruments. This amendment is contingent upon the enactment of House Bill 6347. ([legiscan.com](https://legiscan.com/MI/text/HB6368/2025?utm_source=openai))

MI HB6368 is a house bill in the Michigan 103rd Legislature, sponsored by Jason Hoskins (D), currently “Introduced” since September 24, 2026.

We track 4,230 Michigan bills this session, 21 of them sponsored by Jason Hoskins.

The bill's bipartisan sponsorship suggests a collaborative effort to modernize Michigan's commercial code, potentially enhancing the state's financial and business environments. By clarifying the negotiability of certain financial instruments, the amendment could attract more investment and streamline financial transactions within Michigan.

While the bill aims to modernize the commercial code, some stakeholders may express concerns about the implications of such changes on existing financial instruments and contracts. There may be apprehension regarding the potential for increased complexity in financial dealings and the need for businesses to adapt to new legal interpretations.