The bill amends the Michigan Marina and Boatyard Storage Lien Act by updating the enforcement procedures for liens held by facility owners. It specifies that a facility owner can only enforce a lien after notifying the property owner and all prior lienholders. The bill introduces new timelines for default, allowing enforcement after 60 days without a prior lienholder or 180 days with one. It also clarifies the process for selling the property at a public sale, including the order of proceeds distribution and the requirement for the facility owner to notify the property owner and relevant parties of the default and impending sale.

Additionally, the bill modifies the language regarding the liability of facility owners and the rights of property owners and lienholders. It limits the facility owner's liability to the net proceeds from the sale and allows property owners or lienholders to seek damages for non-compliance with the act. The bill also emphasizes the importance of proper notification procedures and allows facility owners to deny access to the storage facility under certain conditions while ensuring property owners can still access their property during business hours for verification purposes.

Statutes affected:
House Introduced Bill: 570.375