Ask a question on the site
Questions
Lawyers
Blogs
Legislation
Contacts
Become a lawyer
Login Registration
R.S. of 1846 - Revised Statutes of 1846 (554.1 - 554.46)
R-S-1846-554-1-62 - Chapter 62 Chapter 62. of the Nature and Qualities of Estates in Real and Personal Property, and the Alienation Thereof. (554.1...554.46)
Section 554.1 - Estates in Lands; Kinds as Respects Length of Enjoyment. - Sec. 1. Estates in lands are divided into estates of...
Section 554.2 - Estate of Inheritance; Fee Simple. - Sec. 2. Every estate of inheritance shall continue to be...
Section 554.3 - Estate of Inheritance; Fee Tail; Abolition, Declaration as Fee Simple. - Sec. 3. All estates tail are abolished, and every estate...
Section 554.4 - Estate of Inheritance; Remainder in Fee After a Fee Tail; Validity. - Sec. 4. When a remainder in fee shall be limited...
Section 554.5 - Freehold Estates; Chattels Real; Chattel Interests. - Sec. 5. Estates of inheritance and for life shall be...
Section 554.6 - Estate for Life of Another; Nature. - Sec. 6. An estate for the life of a third...
Section 554.7 - Estates in Land; Kinds as Respects Time of Enjoyment. - Sec. 7. Estates, as respects the time of their enjoyment,...
Section 554.8 - Estates in Possession and in Expectancy; Definition. - Sec. 8. An estate in possession, is where the owner...
Section 554.9 - Estates in Expectancy; Classifications. - Sec. 9. Estates in expectancy are divided into, First. Estates...
Section 554.10 - Future Estate; Definition. - Sec. 10. A future estate is an estate limited to...
Section 554.11 - Future Estate; Remainder. - Sec. 11. When a future estate is dependent upon a...
Section 554.12 - Reversion; Definition. - Sec. 12. A reversion is the residue of an estate...
Section 554.13 - Future Estates; Classifications, Definitions. - Sec. 13. Future estates are either vested or contingent: They...
Section 554.14-554.20 - Repealed. 1949, Act 38, Eff. Sept. 23, 1949. - Compiler's Notes: The repealed sections pertained to suspension of power...
Section 554.21 - Repealed. 1988, Act 417, Imd. Eff. Dec. 27, 1988. - Compiler's Notes: The repealed section pertained to life estates.
Section 554.22 - Heirs and Issue; Construction as Used in Remainders. - Sec. 22. When a remainder shall be limited to take...
Section 554.23 - Repealed. 1949, Act 38, Eff. Sept. 23, 1949. - Compiler's Notes: The repealed section pertained to limitations of chattels...
Section 554.24 - Estates to Commence in Future; Estates in Term for Years. - Sec. 24. Subject to the rules established in the preceding...
Section 554.25 - Alternative Future Estates. - Sec. 25. Two or more future estates may also be...
Section 554.26 - Future Estates; Validity as Affected by Probability of Contingency. - Sec. 26. No future estate, otherwise valid, shall be void...
Section 554.27 - Remainder on Contingency Defeating Prior Estate; Construction. - Sec. 27. A remainder may be limited on a contingency,...
Section 554.28 - Rule in Shelly's Case; Abolition. - Sec. 28. When a remainder shall be limited to the...
Section 554.29 - Remainder Not Contingency Defeating Prior Estate; Construction. - Sec. 29. When a remainder on an estate for life,...
Section 554.30 - Posthumous Child; Right to Take Estate. - Sec. 30. When a future estate shall be limited to...
Section 554.31 - Posthumous Child; Effect of Birth on Certain Future Estates. - Sec. 31. A future estate depending on the contingency of...
Section 554.32 - Expectant Estates; Effect of Alienation or Destruction of Precedent Estate. - Sec. 32. No expectant estate can be defeated or barred...
Section 554.33 - Expectant Estates; Authorized Method of Defeasance, Effect on Original Validity. - Sec. 33. The last preceding section shall not be construed...
Section 554.34 - Contingent Remainder; Effect of Premature Determination of Precedent Estate. - Sec. 34. No remainder, valid in its creation, shall be...
Section 554.35 - Expectant Estates; Qualities. - Sec. 35. Expectant estates are descendible, devisable and alienable, in...
Section 554.36 - Rents and Profits to Accrue; Disposition. - Sec. 36. Dispositions of the rents and profits of lands,...
Section 554.37, 554.38 - Repealed. 1952, Act 6, Eff. Sept. 18, 1952. - Compiler's Notes: The repealed sections pertained to valid and invalid...
Section 554.39, 554.40 - Repealed. 1952, Act 7, Eff. Sept. 18, 1952. - Compiler's Notes: The repealed sections pertained to accumulation of rents...
Section 554.41 - Expectant Estates; Time of Creation. - Sec. 41. The delivery of the grant, where an expectant...
Section 554.42 - Expectant Estates; Abolition, Exceptions. - Sec. 42. All expectant estates, except such as are enumerated...
Section 554.43 - Estates; Kinds in Respect to Number and Connection of Owners; Nature. - Sec. 43. Estates, in respect to the number and connection...
Section 554.44 - Land Conveyance to Two or More Persons; Estate Created. - Sec. 44. All grants and devises of lands, made to...
Section 554.45 - Land Conveyance; Exceptions to Preceding Section. - Sec. 45. The preceding section shall not apply to mortgages,...
Section 554.46 - Land Conveyance; Nominal Conditions; Effect of Failure to Perform. - Sec. 46. When any conditions annexed to a grant or...
Act 38 of 1949 - Rule Against Perpetuities (554.51 - 554.53)
Section 554.51 - Rule Against Perpetuities; Applicability; Uniformity. - Sec. 1. The common law rule known as the rule...
Section 554.52 - Sections Repealed. - Sec. 2. Sections 14, 15, 16, 17, 18, 19, 20...
Section 554.53 - Applicability of Act to Nonvested Property Interests. - Sec. 3. This act applies only to nonvested property interests...
Act 13 of 1968 - Possibilities of Reverter and Rights of Entry (554.61 - 554.65)
Section 554.61 - Terminable Interest, Specified Contingency; Definitions. - Sec. 1. As used in this act: (a) "Terminable interest"...
Section 554.62 - Specified Contingency; Termination Right; Limitation Period. - Sec. 2. If the specified contingency does not occur within...
Section 554.63 - Existing Termination Rights Limitation. - Sec. 3. A right of termination under a terminable interest...
Section 554.64 - Exemptions to Act. - Sec. 4. This act does not apply: (a) To a...
Section 554.65 - Right of Termination; Preservation; Notice, Recording. - Sec. 5. A right of termination may be preserved by...
Act 418 of 1988 - Uniform Statutory Rule Against Perpetuities (554.71 - 554.78)
Section 554.71 - Short Title. - Sec. 1. This act shall be known and may be...
Section 554.72 - Nonvested Property Interest; General Power of Appointment, Nongeneral Power of Appointment, or General Testamentary Power of Appointment; Validity; Language Measuring Time Period From Creation of Trust or Other Property Arrangement. - Sec. 2. (1) Subject to section 5, a nonvested property...
Section 554.73 - Nonvested Property Interest or Power of Appointment; Time of Creation. - Sec. 3. (1) Except as provided in subsections (2), (3),...
Section 554.74 - Reforming Disposition; Petition. - Sec. 4. Upon the petition of an interested person, a...
Section 554.75 - Applicability of MCL 554.72; "Second Power" Defined. - Sec. 5. (1) Section 2 does not apply to any...
Section 554.76 - Nonvested Property Interest or Power of Appointment to Which Act Applicable; Violation of Rule Against Perpetuities; Reforming Disposition. - Sec. 6. (1) This act applies to a nonvested property...
Section 554.77 - Application and Construction of Act. - Sec. 7. This act shall be applied and construed to...
Section 554.78 - Conditional Effective Date. - Sec. 8. This act shall not take effect unless House...
Act 148 of 2008 - Personal Property Trust Perpetuities Act (554.91 - 554.94)
Section 554.91 - Short Title. - Sec. 1. This act shall be known and may be...
Section 554.92 - Vesting of Future Interests; Timing; Exceptions; Definitions. - Sec. 2. (1) Except as provided in subsection (2), the...
Section 554.93 - Interests in Personal Property Held in Trust; Application of Rules. - Sec. 3. (1) Except as provided in section 2, an...
Section 554.94 - Applicability of Act to Certain Personal Property; Scope of Trust. - Sec. 4. (1) This act applies only to a nonvested...
Act 211 of 1931 - Devolution of Expectant Estates (554.101 - 554.101)
Section 554.101 - Expectant Estate in Realty or Personalty; Death of Owner Prior to Possession, Effect. - Sec. 1. In all cases where the owner of an...
Act 219 of 1931 - Reversionary Interest in Lands (554.111 - 554.111)
Section 554.111 - Reversionary Interest in Lands Conveyed on Condition Subsequent; Transfer; Scope of Act. - Sec. 1. The reversionary interest in lands conveyed on a...
R.S. of 1846 - Revised Statutes of 1846 (554.131 - 554.139)
R-S-1846-554-131-66 - Chapter 66 Chapter 66. of Estates in Dower, by the Curtesy, and General Provisions Concerning Real Estate (Continued). (554.131...554.139)
R-S-1846-554-131-66-GENERAL-PROVISIONS. - General Provisions. (554.131...554.139)
Section 554.131 - Rent; Liability of Person in Possession of Land. - Sec. 31. Every person in possession of land, out of...
Section 554.132 - Rent; Assumpsit for Recovery. - Sec. 32. Such rent may be recovered in an action...
Section 554.133 - Rent; Other Remedies for Recovery. - Sec. 33. Nothing contained in the preceding sections shall deprive...
Section 554.134 - Termination of Estate at Will or by Sufferance or Tenancy From Year to Year. - Sec. 34. (1) Except as provided otherwise in this section,...
Section 554.135 - Aliens; Realty; Right to Acquire, Hold or Convey, Descent. - Sec. 35. Any alien may acquire and hold lands, or...
Section 554.136 - Aliens; Effect of Prior Deals in Realty on Title. - Sec. 36. The title to any lands heretofore conveyed shall...
Section 554.137 - Remainderman or Reversioner; Right to Sue for Injury. - Sec. 37. A person seized of an estate in remainder...
Section 554.138 - Joint Tenant or Tenant in Common; Action Against Cotenant. - Sec. 38. One joint tenant or tenant in common, and...
Section 554.139 - Lease or License of Residential Premises; Covenants; Modifications; Liberal Construction, Inspection. - Sec. 39. (1) In every lease or license of residential...
Act 42 of 1917 - Untenantable Buildings (554.201 - 554.201)
Section 554.201 - Untenantable Building; Surrender, Liability of Lessee for Rent. - Sec. 1. When any leased or rented building is destroyed,...
Act 314 of 1921 - Lateral and Subjacent Support to Adjoining Land (554.251 - 554.254)
Section 554.251 - Owner or Occupant of Excavated Land; Duty to Support Adjacent Land and Structures. - Sec. 1. It shall be the duty of every person,...
Section 554.252 - Failure to Support Adjacent Land; Liability. - Sec. 2. Such owner or occupant shall be liable to...
Section 554.253 - Failure to Support Adjacent Land; Equitable Relief. - Sec. 3. The owners or occupants of adjoining lands or...
Section 554.254 - Common Law Duties and Remedies. - Sec. 4. The remedies herein provided and the duty herein...
Act 81 of 1929 - Oil, Gas, or Mineral Leases (554.281 - 554.282)
Section 554.281 - Oil, Gas or Mineral Lease; Forfeiture; Procedure for Surrender, Effect on Record. - Sec. 1. When any oil, gas or other mineral lease...
Section 554.282 - Oil, Gas or Mineral Lease; Suit for Release; Damages. - Sec. 2. Should the owner of such lease neglect or...
Act 42 of 1963 - Termination of Oil or Gas Interests in Land (554.291 - 554.294)
Section 554.291 - Oil or Gas Interest in Land; Abandonment; Claim of Interest; Vesting in Surface Owner; Preservation From Disclosure. - Sec. 1. (1) Any interest in oil or gas in...
Section 554.292 - Preservation of Oil or Gas Interest; Recording of Interest Notice Claimed; Applicability of Act. - Sec. 2. (1) Any interest in oil or gas referred...
Section 554.293 - Underground Gas Storage Operation; Good Faith Affidavit, Filing. - Sec. 3. For the purposes of this act, any person...
Section 554.294 - "Person" Defined. - Sec. 4. As used in this act, "person" means an...
Act 235 of 1929 - Notice of Forfeiture of Land Contract (554.301 - 554.302)
Section 554.301 - Notice of Land Contract Forfeiture; Publication. - Sec. 1. Whenever the vendee in a land contract, or...
Section 554.302 - Notice of Land Contract Forfeiture; Proof. - Sec. 2. Upon a trial before a circuit court commissioner,...
Act 280 of 1915 - Gifts, Grants, Bequests, and Devises (554.351 - 554.353)
Section 554.351 - Gift or Grant for Certain Purposes; Effect of Indefiniteness, Vesting of Title, Trustee Appointment. - Sec. 1. No gift, grant, bequest or devise, whether in...
Section 554.352 - Gift or Grant for Certain Purposes; Jurisdiction of Court; Trust Construction; Prosecutor Duties. - Sec. 2. The circuit court for the proper county shall...
Section 554.353 - Validation Clause. - Sec. 3. All gifts, grants, devises or bequests made in...
Act 373 of 1925 - Gifts, Grants, Bequests, and Devises (554.381 - 554.382)
Section 554.381 - Public Welfare Purposes; Validity of Gifts and Bequests. - Sec. 1. No statutory or common law rule of this...
Section 554.382 - Public Welfare Purposes; Definition. - Sec. 2. Public welfare purposes are defined to be all...
Act 258 of 1925 - Sale of Certain Lands (554.401 - 554.404)
Section 554.401 - Lands Sale Held for Public Purposes and New Lands Purchase; Bill of Complaint. - Sec. 1. Whenever any lands shall heretofore or hereafter be...
Section 554.402 - Lands Sale Held for Public Purposes and New Lands Purchase; Parties Defendant, Time. - Sec. 2. In any proceeding mentioned in section 1 the...
Section 554.403 - Lands Sale Held for Public Purposes and Purchase of New Lands; Decree. - Sec. 3. If upon the hearing it shall appear to...
Section 554.404 - Lands Sale Held for Public Purposes and Purchase of New Lands; Effect of Sale on Title. - Sec. 4. No sale of lands under the decree of...
Act 433 of 1998 - Michigan Uniform Transfers to Minors Act (554.521 - 554.552)
Section 554.521 - Short Title. - Sec. 1. This act shall be known and may be...
Section 554.522 - Meanings of Words and Phrases. - Sec. 2. For the purposes of this act, the words...
Section 554.523 - Definitions; a to C. - Sec. 3. (1) "Adult" means an individual who is 18...
Section 554.524 - Definitions; F to P. - Sec. 4. (1) "Financial institution" means a bank, trust company,...
Section 554.525 - Definitions; S to T. - Sec. 5. (1) "State" includes a state of the United...
Section 554.526 - Change in Residence of Transferor, Minor, or Custodian, or Removal of Custodial Property From State; Jurisdiction; Governing Laws. - Sec. 6. (1) This act applies to a transfer that...
Section 554.527 - Custodian to Receive Property Upon Occurrence of Future Event; Nomination; Creation of Custodial Property. - Sec. 7. (1) A person having the right to designate...
Section 554.528 - Transfer by Irrevocable Gift or Power of Appointment in Custodian. - Sec. 8. A person may make a transfer by irrevocable...
Section 554.529 - Irrevocable Transfer by Personal Representative or Trustee; Designation of Custodian. - Sec. 9. (1) A personal representative or trustee may make...
Section 554.530 - Absence of Will or Authorization to Make Irrevocable Transfer; Transfer by Personal Representative, Trustee, or Conservator; Conditions. - Sec. 10. (1) Subject to subsection (3), a personal representative...
Section 554.531 - Minor Not Having Conservator; Transfer by Person Holding Property or Owing Liquidated Debt. - Sec. 11. (1) Subject to subsections (2) and (3), a...
Section 554.532 - Custodial Property; Receipt and Discharge. - Sec. 12. A written acknowledgment of delivery by a custodian...
Section 554.533 - Creation and Transfer of Custodial Property; Actions. - Sec. 13. (1) Custodial property is created and a transfer...
Section 554.534 - Instrument; Form. - Sec. 14. An instrument in substantially the following form satisfies...
Section 554.535 - Time of Control; Holding Constituting Single Custodianship. - Sec. 15. (1) A transferor shall place the custodian in...
Section 554.536 - Conditions Not Affecting Validity of Transfer; Transfer as Irrevocable; Property Indefeasibly Vested in Minor; Powers, Rights, and Immunities. - Sec. 16. (1) The validity of a transfer made in...
Section 554.537 - Duties of Custodian. - Sec. 17. (1) A custodian shall do all of the...
Section 554.538 - Rights, Powers, and Authority Over Custodial Property; Limitation. - Sec. 18. A custodian, acting in a custodial capacity, has...
Section 554.539 - Delivery, Payment, or Expenditure by Custodian. - Sec. 19. (1) A custodian may deliver or pay to...
Section 554.540 - Custodian; Expenses; Compensation; Bond. - Sec. 20. (1) A custodian is entitled to reimbursement from...
Section 554.541 - Responsibility of Third Person. - Sec. 21. A third person in good faith and without...
Section 554.542 - Liability of Custodian or Minor. - Sec. 22. (1) A claim based on a contract entered...
Section 554.543 - Service as Custodian; Declination; Substitute; Successor. - Sec. 23. (1) A person nominated under section 7 or...
Section 554.544 - Resignation, Ineligibility, Death, or Incapacitation of Custodian; Possession and Control of Property and Records; Petition for Removal of Custodian. - Sec. 24. (1) A custodian may resign at any time...
Section 554.545 - Accounting. - Sec. 25. (1) A minor who is not less than...
Section 554.546 - Transfer of Property to Minor; Time. - Sec. 26. Except as provided in section 27, the custodian...
Section 554.547 - Transfer of Property to Minor; Delay. - Sec. 27. (1) Transfer of custodial property to the minor...
Section 554.548 - Applicability of Act to Transfer Described in MCL 554.526. - Sec. 28. This act applies to a transfer described in...
Section 554.549 - Applicability of Act to Transfer Made Before Effective Date. - Sec. 29. (1) Transfer of custodial property made before the...
Section 554.550 - Construction of Act. - Sec. 30. This act shall be applied and construed to...
Section 554.551 - Repeal of Former 1959 Pa 172; Effect. - Sec. 31. To the extent that this act by virtue...
Section 554.552 - Repeal of MCL 554.451 to 554.461. - Sec. 32. The Michigan uniform gifts to minors act, 1959...
Act 226 of 2014 - Trespass Liability Act (554.581 - 554.583)
Section 554.581 - Short Title. - Sec. 1. This act shall be known and may be...
Section 554.583 - Duty of Care to Trespasser; Liability. - Sec. 3. (1) A possessor of a fee, reversionary, or...
Act 348 of 1972 - Landlord and Tenant Relationships (554.601 - 554.616)
Section 554.601 - Definitions. - Sec. 1. As used in this act: (a) "Rental unit"...
Section 554.601a - Termination of Lease; Conditions; Applicability of Section to Leases Entered Into, Renewed, or Renegotiated After Effective Date. - Sec. 1a. (1) A rental agreement shall provide that a...
Section 554.601b - Tenant Under Apprehension of Danger From Domestic Violence, Sexual Assault, or Stalking; Release From Rental Payment Obligation; Written Notice; Content; Documentation; Forwarding Information; Liability of Multiple Tenants; Applica... - Sec. 1b. (1) A tenant who has a reasonable apprehension...
Section 554.602 - Security Deposit; Amount. - Sec. 2. A landlord may require a security deposit for...
Section 554.603 - Security Deposit; Notice. - Sec. 3. A landlord shall not require a security deposit...
Section 554.604 - Security Deposit, Disposition; Bond. - Sec. 4. (1) The security deposit shall be deposited in...
Section 554.605 - Security Deposit as Property of Tenant. - Sec. 5. For the purposes of this act and any...
Section 554.606 - Waiving Requirements of Act. - Sec. 6. The requirements of this act may not be...
Section 554.607 - Security Deposit; Permissible Uses. - Sec. 7. A security deposit may be used only for...
Section 554.608 - Inventory Checklists. - Sec. 8. (1) The landlord shall make use of inventory...
Section 554.609 - Itemized List of Damages; Check or Money Order; Contents of Notice of Damages. - Sec. 9. In case of damage to the rental unit...
Section 554.610 - Effect of Noncompliance With Notice of Damages Requirement. - Sec. 10. Failure by the landlord to comply with the...
Section 554.611 - Notice of Forwarding Address; Effect of Noncompliance. - Sec. 11. The tenant shall notify the landlord in writing...
Section 554.612 - Response to Notice of Damages. - Sec. 12. If a landlord claims damages to a rental...
Section 554.613 - Action for Damages; Retention of Security Deposit; Waiver. - Sec. 13. (1) Within 45 days after termination of the...
Section 554.614 - Termination of Landlord's Interest; Liability for Security Deposit. - Sec. 14. Upon termination of a landlord's interest in a...
Section 554.615 - Action to Enforce Act. - Sec. 15. The attorney general or any affected individual may...
Section 554.616 - Effective Date and Applicability of Act. - Sec. 16. This act takes effect April 1, 1973 and...
Act 454 of 1978 - Truth in Renting Act (554.631 - 554.641)
Section 554.631 - Short Title. - Sec. 1. This act shall be known and may be...
Section 554.632 - Definitions. - Sec. 2. As used in this act: (a) "Rental agreement"...
Section 554.633 - Rental Agreement; Prohibited Provisions or Clauses; Violation. - Sec. 3. (1) A rental agreement shall not include a...
Section 554.634 - Rental Agreement; Mandatory Statements. - Sec. 4. (1) A rental agreement shall state the name...
Section 554.635 - Notices. - Sec. 5. (1) A lessor may cure a violation of...
Section 554.636 - Actions; Court Costs and Attorney Fees; Joinder; Actual Damages; Effect of Judicial Construction; “Tenant” Defined. - Sec. 6. (1) If a rental agreement contains a provision...
Section 554.637 - Remedies Cumulative. - Sec. 7. The remedies provided by this act shall be...
Section 554.638 - Printed Rental Agreement Form; Sale; Violation; Damages. - Sec. 8. A printed rental agreement form which fails to...
Section 554.639 - Waiver Prohibited. - Sec. 9. The requirements of this act may not be...
Section 554.640 - Exception. - Sec. 10. This act shall not apply to a rental...
Section 554.641 - Effective Date. - Sec. 11. This act shall not take effect until July...
Act 162 of 1990 - Campgrounds (554.651 - 554.658)
Section 554.651 - Definitions. - Sec. 1. As used in this act: (a) "Campground" means...
Section 554.652 - Removal of Occupant, Guest, or Other Individual From Campground; Grounds; Civil Rights. - Sec. 2. The operator of a campground may remove or...
Section 554.653 - Requesting Occupant to dePart As Condition to Removal From Campground; Contents of Written Request; Return of Unused Portion of Advance Payment; Remaining on Campground as Misdemeanor; Penalty. - Sec. 3. Before an occupant is removed from a campground...
Section 554.654 - Disconnecting Utilities; Grounds; Notice; Written Arrangement for Payment of Account; Copy; Payment Agreement; Reconnecting Utilities. - Sec. 4. If an occupant has accumulated an outstanding account...
Section 554.655 - Removal or Arrest by Law Enforcement Officer; Service of Warrant; Care of Personal Property; Refund. - Sec. 5. (1) If any occupant, guest of an occupant,...
Section 554.656 - Grounds for Eviction. - Sec. 6. In addition to grounds for eviction established under...
Section 554.657 - Lien Generally. - Sec. 7. The operator has a lien upon all personal...
Section 554.658 - Enforcement of Lien; Sale of Personal Property; Notice; Advertisement; Time and Place of Sale; Redemption; Inventory; Lien Searches; Payment by Prior Lienholder; Rights of Purchaser in Good Faith; Responsibility for Procuring Title;... - Sec. 8. (1) An operator's lien under section 7 shall...
Act 448 of 2014 - Continuing Care Community Disclosure Act (554.901 - 554.993)
Section 554.901 - Short Title. - Sec. 1. This act shall be known and may be...
Section 554.903 - Definitions; a to C. - Sec. 3. As used in this act: (a) "Administrator" means...
Section 554.905 - Definitions; D to L. - Sec. 5. As used in this act: (a) "Department" means...
Section 554.907 - Definitions; M to O. - Sec. 7. As used in this act: (a) "Member" means...
Section 554.909 - Definitions; P to R. - Sec. 9. As used in this act: (a) "Person" means...
Section 554.911 - Definitions; S. - Sec. 11. As used in this act: (a) "Sale of...
Section 554.913 - Continuing Care Community; Organization and Operation; Purpose; Member to Service in Advisory Capacity. - Sec. 13. (1) A continuing care community shall be organized...
Section 554.915 - Continuing Care Agreement; Registration or Exemption Required; Applicability to Written or Oral Arrangements; Offer or Sale; Conditions; Circumstances. - Sec. 15. (1) Subject to subsections (3) and (4), a...
Section 554.917 - Rules; Exemption; Variance; Area Not Considered Home for the Aged or Adult Foster Care Facility; Relationship Not Subject to Laws Between Landlord and Tenant. - Sec. 17. (1) A continuing care community that is licensed...
Section 554.919 - Initial Registration; Submission of Information; Missing or Unreliable Information; Cost of Investigation; Deposit of Payment; Registration of 2 or More Retirement Communities as Single Continuing Care Community; Consideration of Op... - Sec. 19. (1) A person seeking initial registration under this...
Section 554.921 - Incomplete Application; Notification; Order Approving or Denying Registration. - Sec. 21. (1) Effective 60 days after the department receives...
Section 554.923 - Effect of Order Approving or Filing Registration. - Sec. 23. (1) The fact that an application for registration...
Section 554.925 - Renewal of Registration; Application Form to Be Sent by Department. - Sec. 25. (1) Except as otherwise provided in this act,...
Section 554.927 - Application for Registration Renewal; Processing; Failure to Submit Application or Fee; Continuation of Current Registration; Failure to File Renewal Application. - Sec. 27. (1) Subject to subsections (2) and (3), an...
Section 554.929 - Extension of Registration; Requirements; Fees. - Sec. 29. (1) The department may extend the term of...
Section 554.931 - Fees; Continuing Care Administration Fund; Creation; Disposition; Investment; Money Remaining at Close of Fiscal Year; Expenditures. - Sec. 31. (1) The fee for filing an application for...
Section 554.933 - Reportable Changes; Amendment of Registration. - Sec. 33. (1) A registrant shall notify the department promptly...
Section 554.935 - Delivery of Continuing Care Agreements, Emergency Plan, and Disclosure Statement; Availability of Feasibility Study. - Sec. 35. (1) A continuing care community shall deliver to...
Section 554.937 - Disclosure Statement. - Sec. 37. (1) Subject to subsection (3), a disclosure statement...
Section 554.939 - Continuing Care Agreement; Requirements. - Sec. 39. A continuing care agreement shall meet all of...
Section 554.941 - Financial Statements; Requirements. - Sec. 41. (1) Financial statements under section 19, 25, or...
Section 554.943 - Financial Forecast. - Sec. 43. A pro forma financial plan shall include a...
Section 554.945 - Funds to Be Held in Trust Account; Deposit With Escrow Agent; Conditions; Temporary Suspension Order; Return of Escrowed Funds; Escrow Agreement and Account; Requirements; Release of Funds. - Sec. 45. (1) If a member pays funds to a...
Section 554.947 - Alternative Financial Arrangement. - Sec. 47. (1) In lieu of an escrow arrangement imposed...
Section 554.949 - Records; Reports. - Sec. 49. (1) A registered continuing care community shall prepare...
Section 554.951 - Advertising or Marketing Communication. - Sec. 51. (1) A person shall not distribute or transmit...
Section 554.955 - Offer or Sale of Continuing Care Agreement; Prohibited Acts. - Sec. 55. (1) A person shall not, in connection with...
Section 554.957 - Appointment of Independent Conservator or Guardian. - Sec. 57. If a member becomes mentally or physically incapacitated...
Section 554.959 - Arbitration. - Sec. 59. (1) A dispute, claim, or grievance arising between...
Section 554.961 - Service of Process; Irrevocable Consent Appointing Department. - Sec. 61. (1) An applicant for registration under this act,...
Section 554.963 - Investigations. - Sec. 63. (1) The department may conduct investigations within or...
Section 554.965 - Review and Audit of Documents and Records. - Sec. 65. (1) The department shall review all documents submitted...
Section 554.967 - Repayment of Entrance Fee; Temporary Suspension. - Sec. 67. (1) A court or the department may by...
Section 554.969 - Order Denying, Suspending, or Revoking Registration. - Sec. 69. (1) The department may issue an order denying,...
Section 554.971 - Cease and Desist Order. - Sec. 71. (1) Subject to subsection (2), if the department...
Section 554.973 - Injunction, Restraining Order, or Writ of Mandamus. - Sec. 73. If it appears to the department that a...
Section 554.975 - Civil Fine; Costs; Sanctions; Continuing Care Agreement as Voidable; Refund. - Sec. 75. (1) If the director of the department finds...
Section 554.977 - Liability; Offer of Rescission. - Sec. 77. (1) A person that offers or sells a...
Section 554.979 - Liability by Implication; Liability Under Other Statute or Common Law. - Sec. 79. Except as explicitly provided in this act, civil...
Section 554.981 - Person Materially Aiding in Act or Transaction Constituting Violation; Joint and Several Liability. - Sec. 81. A person that directly controls a person that...
Section 554.983 - Statute of Limitations. - Sec. 83. An action shall not be maintained to enforce...
Section 554.985 - Violation as Felony; Penalty; Seizure and Forfeiture of Proceeds or Instrumentality of Crime. - Sec. 85. (1) A person that knowingly violates this act...
Section 554.987 - Promulgation of Rules. - Sec. 87. Pursuant to the administrative procedures act of 1969,...
Section 554.989 - Disclosure of Filings; Exemption; Confidentiality of Social Security Numbers. - Sec. 89. (1) Applications, reports, and other papers and documents...
Section 554.991 - Life Interest or Long-Term Lease Agreement Under Former Act. - Sec. 91. A life interest or long-term lease agreement entered...
Section 554.993 - Facility or Person Registered or Exempt Under Former Act. - Sec. 93. A facility or person that was registered or...
Act 16 of 2018 - Receivership Act (554.1011 - 554.1040)
Section 554.1011 - Short Title. - Sec. 1. This act shall be known and may be...
Section 554.1012 - Definitions. - Sec. 2. As used in this act: (a) "Affiliate" means...
Section 554.1013 - Court Order; Issuance; Notice and Hearing; Circumstances. - Sec. 3. (1) Except as otherwise provided in subsection (2),...
Section 554.1014 - Applicability of Act; Scope; Limitation. - Sec. 4. (1) Except as otherwise provided in subsection (2)...
Section 554.1015 - Selection, Appointment, Removal, and Compensation of Receiver; Establishment by Court Rule; Jurisdiction. - Sec. 5. (1) Except as provided in this act, the...
Section 554.1016 - Appointment of Receiver; Circumstances; Appointment Without Prior Notice or Hearing; Security. - Sec. 6. (1) The court may appoint a receiver as...
Section 554.1017 - Appointment of Receiver; Objection; Requirements; Disqualifications. - Sec. 7. (1) If a court determines there is good...
Section 554.1018 - Bond; Alternative Security. - Sec. 8. (1) Except as otherwise provided in subsection (2),...
Section 554.1019 - Status of Receiver as Lien Creditor. - Sec. 9. On appointment of a receiver, the receiver has...
Section 554.1020 - Acquisition of Property After Appointment as Receiver; Security Agreement. - Sec. 10. Except as otherwise provided by law of this...
Section 554.1021 - Receivership Property; Duties of Person Upon Demand of Receiver; Failure to Turn Over Property; Sanction. - Sec. 11. (1) Unless the court orders otherwise, a person...
Section 554.1022 - Powers and Duties of Receiver. - Sec. 12. (1) Except as limited by court order or...
Section 554.1023 - Duties of Owner. - Sec. 13. (1) An owner shall do all of the...
Section 554.1024 - Stay or Injunction. - Sec. 14. (1) Except as otherwise provided in subsection (4)...
Section 554.1025 - Engagement of Professional; Compensation. - Sec. 15. (1) With court approval, a receiver may engage...
Section 554.1026 - "Good Faith" Defined; Use or Transfer of Receivership Property Not in Ordinary Course of Business. - Sec. 16. (1) As used in this section, "good faith"...
Section 554.1027 - "Timeshare Interest" Defined; Executory Contract. - Sec. 17. (1) As used in this section, "timeshare interest"...
Section 554.1028 - Defenses and Immunities of Receiver. - Sec. 18. (1) A receiver is entitled to all defenses...
Section 554.1029 - Quarterly Interim Report of Receiver. - Sec. 19. Except as otherwise ordered by the court for...
Section 554.1030 - Notice of Order Governing Appointment; Notice to All Creditors; Claim; Distribution of Receivership Property. - Sec. 20. (1) Within 7 days after the receipt by...
Section 554.1031 - Fees and Expenses. - Sec. 21. (1) The court may award a receiver from...
Section 554.1032 - Removal of Receiver; Replacement; Discharge; Termination. - Sec. 22. (1) The court may remove a receiver for...
Section 554.1033 - Final Report of Receiver; Contents; Discharge. - Sec. 23. (1) On completion of a receiver's duties, the...
Section 554.1034 - Receivership in Another State; Rights, Powers, and Duties of Ancillary Receiver. - Sec. 24. (1) The court may appoint a receiver appointed...
Section 554.1035 - Enforcement by Secured Party; Effect. - Sec. 25. A request by a secured party for appointment...
Section 554.1036 - Uniformity of Law. - Sec. 26. In applying and construing this uniform act, consideration...
Section 554.1037 - Electronic Signatures in Global and National Commerce Act. - Sec. 27. This act modifies, limits, or supersedes the electronic...
Section 554.1038 - Receiver Appointed Before Effective Date of Act. - Sec. 28. This act does not apply to a receivership...
Section 554.1040 - Effective Date. - Sec. 30. This act takes effect 90 days after the...
Act 115 of 2022 - Michigan Uniform Assignment of Rents Act (554.1051 - 554.1070)
Section 554.1051 - Short Title. - Sec. 1. This act may be cited as the "Michigan...
Section 554.1052 - Definitions. - Sec. 2. As used in this act: (a) "Assignee" means...
Section 554.1053 - Assignment; Notification; Method; Proper Address Rules. - Sec. 3. (1) Except as otherwise provided in subsections (3)...
Section 554.1054 - Assignment of Rents; Enforceable Security Interest; Discharge; Foreclosure; Applicability. - Sec. 4. (1) An assignment of rents is created by...
Section 554.1055 - Recording With Register of Deeds; Perfected Security Interest; Priority. - Sec. 5. (1) A document creating an assignment of rents...
Section 554.1056 - Assignment Enforcement Methods. - Sec. 6. (1) An assignee may enforce an assignment of...
Section 554.1057 - Appointment of Receiver; Petition; Priority of Receivers. - Sec. 7. (1) An assignee is entitled to the appointment...
Section 554.1058 - Demand Notice to Assignor for Collection of Rents; Notification Requirements. - Sec. 8. (1) Upon the assignor's default, or as otherwise...
Section 554.1059 - Demand Notice to Tenant for Payment of Rents; Notification Requirements. - Sec. 9. (1) Upon the assignor's default, or as otherwise...
Section 554.1060 - Notification to Pay Rents to Person Other Than Landlord; Form. - Sec. 10. No particular phrasing is required for the notification...
Section 554.1061 - Effect of Enforcement of Assignments of Rent. - Sec. 11. The enforcement of an assignment of rents by...
Section 554.1062 - Collection of Rent Proceeds; Use of Funds. - Sec. 12. Unless otherwise agreed, an assignee that collects rents...
Section 554.1063 - Exception for Use of Collection of Rents; Protection of Rights. - Sec. 13. (1) Unless otherwise agreed by the assignee, and...
Section 554.1064 - "Good Faith" Defined; Collection by Assignor; Remedies; Priority. - Sec. 14. (1) In this section, "good faith" means honesty...
Section 554.1065 - Perfection of Security Interests; Priority Rules in Article 9. - Sec. 15. (1) As used in this section: (a) "Article...
Section 554.1066 - Priority Subject to Subordination. - Sec. 16. This act does not preclude subordination by agreement...
Section 554.1067 - Promotion of Uniformity. - Sec. 17. In applying and construing this uniform act, consideration...
Section 554.1068 - Electronic Signatures. - Sec. 18. This act modifies, limits, or supersedes the electronic...
Section 554.1069 - Applicability of Act. - Sec. 19. (1) Except as otherwise provided in this section,...
Section 554.1070 - Repeal of Certain Acts. - Sec. 20. The following acts are repealed: (a) 1925 PA...