Main Content Act 238 of 1941 friendly link printer friendly bills affecting mcl index link Search within this Statute for AGREEMENTS TO MODIFY OR DISCHARGE CONTRACTSAct 238 of 1941AN ACT relative to agreements to change or modify, or to discharge in whole or in part, any contract, obligation, or lease, or any mortgage or other security interest in personal or real property; and to repeal all acts and parts of acts inconsistent with the provisions of this act. History: 1941, Act 238, Eff. Jan. 10, 1942 The People of the State of Michigan enact: DocumentTypeDescription Section 566.1SectionAgreements to modify or discharge contracts and obligations valid without consideration.