This 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 outlines the rights of aliens to acquire and hold land, with specific exceptions noted in the new sections. Section 36 clarifies that the title to land conveyed must not be questioned due to the alienage of any person involved in the title's derivation.
The newly added section 36a establishes restrictions on foreign principals acquiring agricultural land in Michigan. It prohibits foreign entities from purchasing agricultural land, although those who already own such land may continue to hold it without acquiring more. The section details exceptions for land acquired through inheritance or legal processes, and it mandates registration of agricultural land owned by foreign principals. Additionally, it outlines penalties for violations, including potential civil fines and the process for divesting land acquired in violation of the law. The bill also defines terms such as "agricultural land" and "foreign principal," specifying countries of concern related to these restrictions.
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