2017 House Bill 4471 / 2018 Public Act 16

Authorize commercial real estate dispute receiverships

Introduced in the House

March 30, 2017

Introduced by Rep. Brandt Iden (R-61)

To adopt a uniform Commercial Real Estate Receivership Act, which authorizes court-appointed receivers to oversee the management and disposition of commercial property subject to a lawsuit.

Referred to the Committee on Judiciary

Oct. 23, 2017

Reported without amendment

Without amendment and with the recommendation that the bill pass.

Nov. 1, 2017

Passed in the House 101 to 7 (details)

Received in the Senate

Nov. 7, 2017

Referred to the Committee on Judiciary

Dec. 28, 2017

Reported without amendment

With the recommendation that the substitute (S-1) be adopted and that the bill then pass.

Jan. 25, 2018

Passed in the Senate 37 to 0 (details)

To adopt a uniform Commercial Real Estate Receivership Act, which authorizes court-appointed receivers to oversee the management and disposition of commercial property subject to a lawsuit.

Received in the House

Jan. 25, 2018

Jan. 30, 2018

Passed in the House 101 to 7 (details)

Signed by Gov. Rick Snyder

Feb. 6, 2018