reglab/housing_qa huggingface dataset:
MI Comp L § 554.975 (2021)
2021 Michigan Compiled Laws|Chapter 554 - Real and Personal Property|Act 448 of 2014 - Continuing Care Community Disclosure Act (554.901 - 554.993)|Section 554.975 - Civil Fine; Costs; Sanctions; Continuing Care Agreement as Voidable; Refund.

554.975 Civil fine; costs; sanctions; continuing care agreement as voidable; refund.Sec. 75.  (1) If the director of the department finds that a person violated this act or a rule promulgated or order issued under this act, after an opportunity for an evidentiary hearing under the administrative procedures act of 1969, 1969 PA 306, MCL 24.201 to 24.328, the director may order the person to pay a civil fine of not less than $1,000.00 or more than $50,000.00. The director may also order the respondent to pay the costs of the investigation.  (2) After providing an opportunity for a contested case hearing under the administrative procedures act of 1969, 1969 PA 306, MCL 24.201 to 24.328, the department may impose any of the following sanctions on a person that violates this act or a rule promulgated or order issued under this act:  (a) If the person is registered under this act, an administrative fine of not more than $10,000.00 for each violation.   (b) A requirement that restitution be made. The registration of the person required to make the restitution may be suspended until the restitution is made.  (3) If a continuing care agreement does not comply with the requirements of this act, the continuing care agreement is voidable. If the agreement is voided, the continuing care community shall refund to the member the amount that the member paid when the continuing care agreement was entered into. History: 2014, Act 448, Eff. Apr. 2, 2015
MI Comp L § 554.977 (2021)
2021 Michigan Compiled Laws|Chapter 554 - Real and Personal Property|Act 448 of 2014 - Continuing Care Community Disclosure Act (554.901 - 554.993)|Section 554.977 - Liability; Offer of Rescission.

554.977 Liability; offer of rescission.Sec. 77.  (1) A person that offers or sells a continuing care agreement in violation of section 15 or 55 or an order issued under section 69 is liable to the person executing the continuing care agreement for all of the following:  (a) Damages.  (b) Repayment of all fees paid to the continuing care community or entity purporting to operate as a continuing care community under this act less, in the case of a continuing care community, the reasonable cost of continuing care provided by the continuing care community until discovery or until the violation should reasonably have been discovered.  (c) 6% interest on the amounts under subdivisions (a) and (b).  (d) Reasonable attorney fees.  (e) Court costs.  (2) A person may not file or maintain an action under this section if, before filing the action, the person received an offer of rescission approved by the department to refund the entrance fee together with interest at 6% per year from the date of purchase less the reasonable cost of continuing care provided until discovery, and the member failed to accept the offer within 30 days after its receipt. When a continuing care community makes written offer of rescission, the continuing care community shall file a copy with the department. The rescission offer shall recite the provisions of this section. History: 2014, Act 448, Eff. Apr. 2, 2015
MI Comp L § 554.979 (2021)
2021 Michigan Compiled Laws|Chapter 554 - Real and Personal Property|Act 448 of 2014 - Continuing Care Community Disclosure Act (554.901 - 554.993)|Section 554.979 - Liability by Implication; Liability Under Other Statute or Common Law.

554.979 Liability by implication; liability under other statute or common law.Sec. 79.  Except as explicitly provided in this act, civil liability in favor of a private party does not arise against a person by implication from or as a result of the violation of this act or a rule promulgated or order issued under this act. This act does not limit liability that may exist under any other statute or under common law. History: 2014, Act 448, Eff. Apr. 2, 2015
MI Comp L § 554.981 (2021)
2021 Michigan Compiled Laws|Chapter 554 - Real and Personal Property|Act 448 of 2014 - Continuing Care Community Disclosure Act (554.901 - 554.993)|Section 554.981 - Person Materially Aiding in Act or Transaction Constituting Violation; Joint and Several Liability.

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 violates this act, a partner in a firm that violates this act, a principal executive officer or paid director or trustee of a corporation that violates this act, a person occupying a similar status as an executive officer or director performing similar functions, or an employee of a person that violates this act who materially aids in the act or transaction constituting the violation is also liable jointly and severally with and to the same extent as the person that violates this act, unless the person did not have knowledge of or reasonable grounds to believe in the existence of the facts constituting the violation. History: 2014, Act 448, Eff. Apr. 2, 2015
MI Comp L § 554.983 (2021)
2021 Michigan Compiled Laws|Chapter 554 - Real and Personal Property|Act 448 of 2014 - Continuing Care Community Disclosure Act (554.901 - 554.993)|Section 554.983 - Statute of Limitations.

554.983 Statute of limitations.Sec. 83.  An action shall not be maintained to enforce a liability created under this act unless brought before the expiration of 3 years after the date of the act or transaction constituting the violation. History: 2014, Act 448, Eff. Apr. 2, 2015
MI Comp L § 554.985 (2021)
2021 Michigan Compiled Laws|Chapter 554 - Real and Personal Property|Act 448 of 2014 - Continuing Care Community Disclosure Act (554.901 - 554.993)|Section 554.985 - Violation as Felony; Penalty; Seizure and Forfeiture of Proceeds or Instrumentality of Crime.

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 is guilty of a felony punishable by imprisonment for not more than 7 years or a fine of not more than $10,000.00, or both.  (2) The proceeds, the substituted proceeds, or an instrumentality of a crime described in subsection (1) are subject to seizure and forfeiture in the manner provided in chapter 47 of the revised judicature act of 1961, 1961 PA 236, MCL 600.4701 to 600.4709. History: 2014, Act 448, Eff. Apr. 2, 2015
MI Comp L § 554.987 (2021)
2021 Michigan Compiled Laws|Chapter 554 - Real and Personal Property|Act 448 of 2014 - Continuing Care Community Disclosure Act (554.901 - 554.993)|Section 554.987 - Promulgation of Rules.

554.987 Promulgation of rules.Sec. 87.  Pursuant to the administrative procedures act of 1969, 1969 PA 306, MCL 24.201 to 24.328, the department may promulgate rules to implement this act. History: 2014, Act 448, Eff. Apr. 2, 2015
MI Comp L § 554.989 (2021)
2021 Michigan Compiled Laws|Chapter 554 - Real and Personal Property|Act 448 of 2014 - Continuing Care Community Disclosure Act (554.901 - 554.993)|Section 554.989 - Disclosure of Filings; Exemption; Confidentiality of Social Security Numbers.

554.989 Disclosure of filings; exemption; confidentiality of social security numbers.Sec. 89.  (1) Applications, reports, and other papers and documents filed by applicants or registrants or experts or appraisers with the department under this act are subject to disclosure under the freedom of information act, 1976 PA 442, MCL 15.231 to 15.246. However, pro forma financial statements, marketing plans, feasibility studies, and social security numbers are exempt from disclosure. In addition, a continuing care community may request, and the department may grant, subject to section 13 of the freedom of information act, 1976 PA 442, MCL 15.243, confidentiality as to any other document received under this act.  (2) Subject to subsection (1) the department or its examiners, investigators, assistants, clerks, or deputies shall not disclose information filed with or obtained by them under this act except among themselves or when necessary or appropriate in a proceeding or investigation under this act or to other federal or state regulatory agencies. However, to aid in the enforcement of this act or in the prescribing of rules and forms under this act, the department may publish information concerning a violation of this act or a rule promulgated or order issued under this act.  (3) The department shall take reasonable steps to protect the confidentiality of social security numbers provided to the department under this act. History: 2014, Act 448, Eff. Apr. 2, 2015
MI Comp L § 554.991 (2021)
2021 Michigan Compiled Laws|Chapter 554 - Real and Personal Property|Act 448 of 2014 - Continuing Care Community Disclosure Act (554.901 - 554.993)|Section 554.991 - Life Interest or Long-Term Lease Agreement Under Former Act.

554.991 Life interest or long-term lease agreement under former act.Sec. 91.  A life interest or long-term lease agreement entered into under the former 1976 PA 440 is not invalidated by the repeal of that act and the adoption of this act. History: 2014, Act 448, Eff. Apr. 2, 2015
MI Comp L § 554.993 (2021)
2021 Michigan Compiled Laws|Chapter 554 - Real and Personal Property|Act 448 of 2014 - Continuing Care Community Disclosure Act (554.901 - 554.993)|Section 554.993 - Facility or Person Registered or Exempt Under Former Act.

554.993 Facility or person registered or exempt under former act.Sec. 93.  A facility or person that was registered or exempt from registration under the former living care disclosure act, 1976 PA 440, immediately before the effective date of this act shall be considered to be registered or exempt from registration, respectively, under this act until the registration or exemption would have expired under the former living care disclosure act, 1976 PA 440, or 30 days after the effective date of this act, whichever is later. History: 2014, Act 448, Eff. Apr. 2, 2015
MI Comp L § 554.1011 (2021)
2021 Michigan Compiled Laws|Chapter 554 - Real and Personal Property|Act 16 of 2018 - Receivership Act (554.1011 - 554.1040)|Section 554.1011 - Short Title.

554.1011 Short title.Sec. 1.  This act shall be known and may be cited as the "receivership act". History: 2018, Act 16, Eff. May 7, 2018 ;-- Am. 2020, Act 210, Imd. Eff. Oct. 15, 2020
MI Comp L § 554.1013 (2021)
2021 Michigan Compiled Laws|Chapter 554 - Real and Personal Property|Act 16 of 2018 - Receivership Act (554.1011 - 554.1040)|Section 554.1013 - Court Order; Issuance; Notice and Hearing; Circumstances.

554.1013 Court order; issuance; notice and hearing; circumstances.Sec. 3.  (1) Except as otherwise provided in subsection (2), the court may issue an order under this act only after notice and opportunity for a hearing appropriate in the circumstances.  (2) The court may issue an order under this act under the following circumstances:  (a) Without prior notice if cause exists to require issuance of an order before notice is given.  (b) After notice and without a prior hearing if cause exists to require issuance of an order before a hearing is held.  (c) After notice and without a hearing if no interested party timely requests a hearing. History: 2018, Act 16, Eff. May 7, 2018 ;-- Am. 2020, Act 210, Imd. Eff. Oct. 15, 2020
MI Comp L § 554.1014 (2021)
2021 Michigan Compiled Laws|Chapter 554 - Real and Personal Property|Act 16 of 2018 - Receivership Act (554.1011 - 554.1040)|Section 554.1014 - Applicability of Act; Scope; Limitation.

554.1014 Applicability of act; scope; limitation.Sec. 4.  (1) Except as otherwise provided in subsection (2) or (3), this act applies to a receivership for an interest in any of the following commercial property:  (a) Real property, fixtures, and any personal property related to or used in operating the real property.  (b) Personal property.  (2) This act does not apply to a receivership for an interest in real property improved by 1 to 4 dwelling units unless 1 or more of the following applies:  (a) The interest is used for agricultural, commercial, industrial, or mineral-extraction purposes, other than incidental uses by an owner occupying the property as the owner's primary residence.  (b) The interest secures an obligation incurred at a time when the property was used or planned for use for agricultural, commercial, industrial, or mineral-extraction purposes.  (c) The owner planned or is planning to develop the property into 1 or more dwelling units to be sold or leased in the ordinary course of the owner's business.  (d) The owner is collecting or has the right to collect rents or other income from the property from a person other than an affiliate of the owner.  (3) This act does not apply to a receivership authorized by law of this state other than this act in which the receiver is a governmental unit or an individual acting in an official capacity on behalf of the unit except to the extent provided by the other law.  (4) This act does not limit the authority of a court to appoint a receiver under law of this state other than this act.  (5) Unless displaced by a particular provision of this act, the principles of law and equity supplement this act. History: 2018, Act 16, Eff. May 7, 2018 ;-- Am. 2020, Act 210, Imd. Eff. Oct. 15, 2020
MI Comp L § 554.1015 (2021)
2021 Michigan Compiled Laws|Chapter 554 - Real and Personal Property|Act 16 of 2018 - Receivership Act (554.1011 - 554.1040)|Section 554.1015 - Selection, Appointment, Removal, and Compensation of Receiver; Establishment by Court Rule; Jurisdiction.

554.1015 Selection, appointment, removal, and compensation of receiver; establishment by court rule; jurisdiction.Sec. 5.  (1) Except as provided in this act, the procedure for the selection, appointment, removal, and compensation of a receiver, or a professional engaged under section 15, under this act is as established by the court rules.  (2) The court that appoints a receiver under this act has exclusive jurisdiction to direct the receiver and determine any controversy related to the receivership or receivership property. History: 2018, Act 16, Eff. May 7, 2018 ;-- Am. 2020, Act 210, Imd. Eff. Oct. 15, 2020
MI Comp L § 554.1016 (2021)
2021 Michigan Compiled Laws|Chapter 554 - Real and Personal Property|Act 16 of 2018 - Receivership Act (554.1011 - 554.1040)|Section 554.1016 - Appointment of Receiver; Circumstances; Appointment Without Prior Notice or Hearing; Security.

554.1016 Appointment of receiver; circumstances; appointment without prior notice or hearing; security.Sec. 6.  (1) The court may appoint a receiver as follows:  (a) Before judgment, to protect a party that demonstrates an apparent right, title, or interest in property that is the subject of the action, under either of the following circumstances:  (i) The property or its revenue-producing potential is being subjected to or is in danger of waste, loss, dissipation, or impairment.  (ii) The property or its revenue-producing potential has been or is about to be the subject of a voidable transaction.  (b) After judgment for any of the following reasons:  (i) To carry the judgment into effect.  (ii) To preserve nonexempt property pending appeal or when an execution has been returned unsatisfied and the owner refuses to apply the property in satisfaction of the judgment.  (c) If a receiver may be appointed on equitable grounds.  (d) During the time allowed for redemption, to preserve property sold in an execution or foreclosure sale and secure its rents to the person entitled to the rents.  (2) In connection with the foreclosure or other enforcement of a security agreement or lien, the court may appoint a receiver for the property under any of the following circumstances:  (a) Appointment is necessary to protect the property from waste, loss, transfer, dissipation, or impairment.  (b) The person that granted a lien in the property agreed in a signed record to appointment of a receiver on default.  (c) The owner agreed, after default and in a signed record, to appointment of a receiver.  (d) The property held by the secured party is not sufficient to satisfy the secured obligation.  (e) The owner fails to turn over to the secured party proceeds or rents the secured party was entitled to collect.  (f) The holder of a subordinate lien obtains appointment of a receiver for the property.  (3) The court may condition appointment of a receiver without prior notice under section 3(2)(a) or without a prior hearing under section 3(2)(b) on the giving of security by the person seeking the appointment for the payment of damages, reasonable attorney fees, and costs incurred or suffered by any person if the court later concludes that the appointment was not justified. If the court later concludes that the appointment was justified, the court shall release the security. History: 2018, Act 16, Eff. May 7, 2018 ;-- Am. 2020, Act 210, Imd. Eff. Oct. 15, 2020
MI Comp L § 554.1018 (2021)
2021 Michigan Compiled Laws|Chapter 554 - Real and Personal Property|Act 16 of 2018 - Receivership Act (554.1011 - 554.1040)|Section 554.1018 - Bond; Alternative Security.

554.1018 Bond; alternative security.Sec. 8.  (1) Except as otherwise provided in subsection (2), a receiver shall post with the court a bond that meets all of the following requirements:  (a) The bond is conditioned on the faithful discharge of the receiver's duties.  (b) The bond has 1 or more sureties approved by the court.  (c) The bond is in an amount the court specifies.  (d) The bond is effective as of the date of the receiver's appointment.  (2) The court may approve the posting by a receiver with the court of alternative security, such as a letter of credit or deposit of funds. The receiver may not use receivership property as alternative security. Interest that accrues on deposited funds must be paid to the receiver on the receiver's discharge.  (3) The court may authorize a receiver to act before the receiver posts the bond or alternative security required by this section.  (4) A claim against a receiver's bond or alternative security must be made not later than 1 year after the date the receiver is discharged. History: 2018, Act 16, Eff. May 7, 2018
MI Comp L § 554.1019 (2021)
2021 Michigan Compiled Laws|Chapter 554 - Real and Personal Property|Act 16 of 2018 - Receivership Act (554.1011 - 554.1040)|Section 554.1019 - Status of Receiver as Lien Creditor.

554.1019 Status of receiver as lien creditor.Sec. 9.  On appointment of a receiver, the receiver has the status of a lien creditor under both of the following:  (a) Article 9 of the uniform commercial code, 1962 PA 174, MCL 440.9101 to 440.9809, as to receivership property that is personal property or fixtures.  (b) The recording statutes of this state as to receivership property that is real property. History: 2018, Act 16, Eff. May 7, 2018
MI Comp L § 554.1020 (2021)
2021 Michigan Compiled Laws|Chapter 554 - Real and Personal Property|Act 16 of 2018 - Receivership Act (554.1011 - 554.1040)|Section 554.1020 - Acquisition of Property After Appointment as Receiver; Security Agreement.

554.1020 Acquisition of property after appointment as receiver; security agreement.Sec. 10.  Except as otherwise provided by law of this state other than this act, property that a receiver or owner acquires after appointment of the receiver is subject to a security agreement entered into before the appointment to the same extent as if the court had not appointed the receiver. History: 2018, Act 16, Eff. May 7, 2018
MI Comp L § 554.1021 (2021)
2021 Michigan Compiled Laws|Chapter 554 - Real and Personal Property|Act 16 of 2018 - Receivership Act (554.1011 - 554.1040)|Section 554.1021 - Receivership Property; Duties of Person Upon Demand of Receiver; Failure to Turn Over Property; Sanction.

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 shall do both of the following on demand by a receiver, as applicable:  (a) If the person owes a debt that is receivership property and is matured or payable on demand or on order, pay the debt to or on the order of the receiver, except to the extent the debt is subject to setoff or recoupment.  (b) Subject to subsection (3), if the person has possession, custody, or control of receivership property, turn the property over to the receiver.  (2) A person that has notice of the appointment of a receiver and owes a debt that is receivership property may not satisfy the debt by payment to the owner.  (3) If a creditor has possession, custody, or control of receivership property and the validity, perfection, or priority of the creditor's lien on the property depends on the creditor's possession, custody, or control, the creditor may retain possession, custody, or control until the court orders adequate protection of the creditor's lien.  (4) Unless a bona fide dispute exists about a receiver's right to possession, custody, or control of receivership property, the court may sanction as contempt a person's failure to turn the property over when required by this section. History: 2018, Act 16, Eff. May 7, 2018 ;-- Am. 2020, Act 210, Imd. Eff. Oct. 15, 2020
MI Comp L § 554.1023 (2021)
2021 Michigan Compiled Laws|Chapter 554 - Real and Personal Property|Act 16 of 2018 - Receivership Act (554.1011 - 554.1040)|Section 554.1023 - Duties of Owner.

554.1023 Duties of owner.Sec. 13.  (1) An owner shall do all of the following:  (a) Assist and cooperate with the receiver in the administration of the receivership and the discharge of the receiver's duties.  (b) Preserve and turn over to the receiver all receivership property in the owner's possession, custody, or control.  (c) Identify all records and other information relating to the receivership property, including a password, authorization, or other information needed to obtain or maintain access to or control of the receivership property, and make available to the receiver the records and information in the owner's possession, custody, or control.  (d) Except as may be otherwise ordered by the court for cause, within 7 days after the entry of the order appointing the receiver, deliver to the receiver a list containing the name and address of all creditors and other known interested parties of the receivership estate.  (e) On subpoena, submit to examination under oath by the receiver concerning the acts, conduct, property, liabilities, and financial condition of the owner or any matter relating to the receivership property or the receivership.  (f) Perform any duty imposed by court order, this act, or law of this state other than this act.  (2) If an owner is a person other than an individual, this section applies to each officer, director, manager, member, partner, trustee, or other person exercising or having the power to exercise control over the affairs of the owner.  (3) If a person knowingly fails to perform a duty imposed by this section, the court may do 1 or both of the following:  (a) Award the receiver actual damages caused by the person's failure, reasonable attorney fees, and costs.  (b) Sanction the failure as contempt. History: 2018, Act 16, Eff. May 7, 2018 ;-- Am. 2020, Act 210, Imd. Eff. Oct. 15, 2020