The bill amends the title and sections 35 and 36 of the 1846 RS 66 law regarding estates in dower and curtesy, while also adding a new section 36a. The title is updated to include provisions on prohibitions against certain foreign ownership of agricultural land and the prescription of remedies and civil sanctions. Section 35 is modified to clarify that aliens may acquire and hold land, but with specific exceptions outlined in the new section 36a.
Section 36a establishes restrictions on foreign persons purchasing or acquiring agricultural land in Michigan, effective from the date of the bill's enactment. It allows foreign persons who already own agricultural land to retain it but prohibits them from acquiring additional land. The section outlines exceptions for land acquired through inheritance or legal processes, and it mandates registration of agricultural land owned by foreign persons. Violations of these provisions can lead to legal actions initiated by the attorney general, including potential escheatment of the land to the state and civil fines for non-compliance.
Statutes affected: House Introduced Bill: 554.135, 554.136