PocketLaw | Michigan Compiled Laws | Chapter 1 General Provisions

Chapter 1 General Provisions (124.751...124.774)

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Section
124.751

Short Title.

Section
124.752

Legislative Findings.

Section
124.753

Definitions.

Section
124.754

Powers.

Section
124.755

Acquisition of Property; Accepting Deed in Lieu of Foreclosure or Sale; Release of Tax Lien.

Section
124.756

Preservation of Property Value.

Section
124.757

Disposition of Property by Authority; Inventory and Classification of Property; Title Status and Suitability for Use; Recording Property Transfer.

Section
124.758

Receipt of Tax, Penalty, or Interest Payments; Return to Local Tax Collecting Unit; Retention of Proceeds.

Section
124.759

Expedited Quiet Title and Foreclosure Action; Procedure.

Section
124.760

Property as Site of Environmental Contamination; Information to Be Provided to Department of Environmental Quality; Property Subject to Certain Conditions; Liability.

Section
124.761

Waste of or Unlawful Removal of Property; Restraining Order.

Section
124.762

Authority as Party to Civil Action.

Section
124.763

Property of Authority as Public Property.

Section
124.764

Construction, Intent, and Scope of Act.

Section
124.765

Land Bank Fast Track Authority; Creation; Powers and Duties; Staffing; Cooperation With State Departments and Agencies.

Section
124.766

Board of Directors; Membership; Appointment; Terms; Oath; Removal; Vacancy; Election of Chairperson and Vice-Chairperson; Designation of Representative; Discharge of Duties.

Section
124.767

Executive Director; Appointment; Eligibility; Oath; Duties.

Section
124.768

Land Bank Fast Track Fund; Creation; Receipt of Money or Other Assets; Transfer of Money in Urban Land Assembly Loan Fund; Loan Repayments; Money Remaining in Fund; Expenditures; Disposition of Proceeds.

Section
124.769

Borrowing Money and Issuing Bonds or Notes.

Section
124.770

Transfer of Property From State Administrative Board.

Section
124.771

Dissolution of Authority.

Section
124.772

Biennial Report.

Section
124.773

Intergovernmental Agreements.

Section
124.774

Authority Created Under MCL 124.773; Borrowing Money and Issuing Bonds or Notes.