Sec. 1.
This act shall be known and may be cited as the "land bank fast track act".
History: 2003, Act 258, Imd. Eff. Jan. 5, 2004 Compiler's Notes: For transfer of powers and duties of state land bank fast track authority, with respect to issuance of bonds or notes, to Michigan finance authority, see E.R.O. No. 2010-2, compiled at MCL 124.194.For transfer of the authority from department of energy, labor, and economic growth to department of treasury by type II transfer, see E.R.O. No. 2010-2, compiled at MCL 124.194.For transfer of powers and duties relative to land bank fast track act, 2003 PA 258, performed by Michigan strategic fund to Michigan state housing development authority, see E.R.O. No. 2013-3, compiled at MCL 125.1393.For transfer of powers and duties of state land bank fast track authority from executive director of Michigan state housing development authority to director of department of talent and economic development, and transfer of revenue bonding powers of state land bank fast track authority to Michigan strategic fund, see E.R.O. No. 2014-6, compiled at MCL 125.1995.For reestablishment of board of directors of state land bank fast track authority, established by MCL 124.767, but abolished by MCL 124.781, see E.R.O. No. 2016-6, compiled at MCL 125.1996.For abolishment of the existing board of directors and position of director of the state land bank fast track authority, the renaming the state land bank fast track authority to the state land bank authority, the type I transfer of the powers and duties of the state land bank authority, including revenue bonding powers from the Michigan strategic fund, to the department of labor and economic opportunity, and the reestablishment of the board of directors of the state land bank authority, see E.R.O. No. 2019-3, compiled at MCL 125.1998.
Structure Michigan Compiled Laws
Act 258 of 2003 - Land Bank Fast Track Act (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 124.756 - Preservation of Property Value.
Section 124.759 - Expedited Quiet Title and Foreclosure Action; Procedure.
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 124.767 - Executive Director; Appointment; Eligibility; Oath; Duties.
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.