2017 House Bill 4470 / 2018 Public Act 15

Authorize commercial real estate dispute receiverships

Introduced in the House

March 30, 2017

Introduced by Rep. Brandt Iden (R-61)

To establish that the appointment of a receiver by a real estate lender does not limit the lender’s foreclosure options. See House Bill 4471.

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 102 to 6 (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 bill pass.

Jan. 25, 2018

Passed in the Senate 37 to 0 (details)

To establish that the appointment of a receiver by a real estate lender does not limit the lender’s foreclosure options. See House Bill 4471.

Signed by Gov. Rick Snyder

Feb. 6, 2018