The bill amends the 1846 RS 66 law regarding estates in dower and curtesy, specifically updating the title and sections 35 and 36, while adding a new section 36a. The title now includes provisions concerning prohibitions on certain foreign ownership of agricultural land and the prescription of remedies and civil sanctions. Section 35 clarifies that aliens may acquire and hold land, but with exceptions outlined in the new section 36a. Section 36 ensures that the title to land conveyed is not questioned due to the alienage of any person involved in the title's derivation.
The newly added section 36a prohibits foreign principals from purchasing or acquiring agricultural land in Michigan, with certain exceptions for land acquired by devise or descent, bona fide encumbrances, and land acquired through legal processes. It establishes a registration requirement for foreign principals who own agricultural land and outlines penalties for violations, including civil fines and potential court actions to divest ownership. The section also defines "agricultural land" and identifies specific foreign countries of concern, which are subject to these restrictions. The enactment of this bill is contingent upon the passage of House Bill No. 4234.
Statutes affected: Substitute (H-3): 554.135, 554.136
Substitute (H-4): 554.135, 554.136
House Introduced Bill: 554.135, 554.136
As Passed by the House: 554.135, 554.136