Sec. 22.
The state authority shall report biennially to the legislature on the activities of the state authority.
History: 2003, Act 258, Imd. Eff. Jan. 5, 2004 Compiler's Notes: 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 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.