2006 Michigan Compiled Laws - Mich. Comp. Laws § 211.84 Purchase of state bids; time; amount; interest; liability for taxes; certificate; law applicable to deeds.

***** 211.84 THIS SECTION IS REPEALED BY ACT 183 OF 2005 EFFECTIVE DECEMBER 31, 2006 *****

Sec. 84.

Any person may purchase any state bids at any time before April 20 in the year following the sale by paying to the department of treasury the amount for which the same was bid off to the state, with interest at the rate of 1.25% per month, or fraction of a month, except as provided by section 89, from the first day of the month in which the lands were bid off to the state. Purchase may be made of any state bid within this period without payment of the taxes of subsequent years as a condition of purchase but, for all taxes remaining unpaid, the land shall be liable to sale as provided by section 85. Upon making payment as provided in this section, the purchaser shall be entitled to and receive a certificate, which shall have the same effect as the certificate provided for by section 71. The law relative to deeds executed by the department of treasury on the surrender of certificates of sale made by county treasurers shall be applicable in making deeds for these purchases.

History: 1893, Act 206, Eff. June 12, 1893 ;-- Am. 1895, Act 154, Eff. Aug. 30, 1895 ;-- CL 1897, 3907 ;-- Am. 1899, Act 262, Eff. Sept. 23, 1899 ;-- Am. 1915, Act 4, Eff. Aug. 24, 1915 ;-- CL 1915, 4082 ;-- CL 1929, 3477 ;-- Am. 1932, 1st Ex. Sess., Act 10, Imd. Eff. Apr. 28, 1932 ;-- Am. 1937, Act 325, Imd. Eff. July 27, 1937 ;-- Am. 1941, Act 234, Imd. Eff. June 16, 1941 ;-- CL 1948, 211.84 ;-- Am. 1961, Act 95, Eff. Sept. 8, 1961 ;-- Am. 1980, Act 48, Imd. Eff. Mar. 21, 1980 ;-- Am. 1981, Act 162, Eff. Dec. 1, 1981
Popular Name: Act 206