258-2003-1 Chapter 1 General Provisions (124.751...124.774)

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 124.755 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.

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