Mich. Comp. Laws § 124.751

Short title.

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LAND BANK FAST TRACK ACT

Act 258 of 2003

124.751 Short title.

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 12.194.

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 12.194.

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.

Notes of Decisions

Cited in 8 cases (5 in the last 5 years), 2014–2024 · leading case: Rental Properties Owners Ass'n v. Kent County Treasurer

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Rental Properties Owners Ass'n v. Kent County Treasurer (2014) michctapp · cites it 2× “755(6), which is part of the Land Bank Fast Track Act, MCL 124.751 et seq., read in conjunction with the GPTA provides that a foreclosing governmental unit may not transfer property subject to foreclosure under MCL 211.”

in Re Petition of Kent County Land Bank Authority (2014) michctapp · cites it 2× “755(6), which is part of the Land Bank Fast Track Act, MCL 124.751 et seq., read in conjunction with the GPTA provides that a foreclosing governmental unit may not transfer property subject to foreclosure under MC 211.”

Daniel Murray v. City of Detroit (2019) michctapp “DLBA is a Michigan public body created under the Michigan Land Bank Fast Track Act, MCL 124.751 et seq., that is responsible for disposing of abandoned, vacant, or blighted property within the City of Detroit.”

Detroit Land Bank Authority v. 5005 32nd Street Detroit Mi 48210 (2021) michctapp “-1- was a public body corporation granted the authority to seek quiet title relief pursuant to MCL 124.751 et seq. of the Land Bank Fast Track Act.”

City of Highland Park v. State Land Bank Authority (2022) michctapp “We affirm. I. FACTUAL BACKGROUND According to the complaint, plaintiff owned and operated a combined sewer system that transported stormwater runoff and sanitary sewage to a regional wastewater treatment facility.”

Nick Yono v. County of Ingham (2023) michctapp “However, if the property is not sold at auction and the foreclosing unit (other than the state) retains possession, the foreclosing unit may “[t]ransfer the property to a land bank fast track authority created under the land bank fast track act,” MCL 124.751 et seq. MCL…”

Detroit Land Bank Authority v. 10043 Aurora Detroit Mi 48204 (2024) michctapp “-2- MCL124.751 et seq., all legal interests and liens against properties it owned may be extinguished, and plaintiff sought to quiet title.”

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