MCL - Index of Act 258 of 2003
NOTE: Dates reflect any modification to item, not necessarily a change in law.
Title | Subject |
---|---|
Act 258 of 2003 |
LAND BANK FAST TRACK ACT (124.751 - 124.774) ***** 124.754.amended THIS AMENDED SECTION IS EFFECTIVE APRIL 2, 2025 ***** ***** 124.754 THIS SECTION IS AMENDED EFFECTIVE APRIL 2, 2025: See 124.754.amended ***** |
258-2003-1 | CHAPTER 1 GENERAL PROVISIONS (124.751...124.774) |
Section 124.751 | Short title. |
Section 124.752 | Legislative findings. |
Section 124.753 | Definitions. |
Section 124.754 | Powers. |
Section 124.754.amended | 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 124.763.amended | Property of authority as public property; exemption from taxes, special assessments, and user fees. |
Section 124.764 | Construction, intent, and scope of act. |
Section 124.764.amended | 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. |