MCL - Index of Act 448 of 2014

NOTE: Dates reflect any modification to item, not necessarily a change in law.
Title Subject
Act 448 of 2014 CONTINUING CARE COMMUNITY DISCLOSURE ACT (554.901 - 554.993)
Section 554.901 Short title.
Section 554.903 Definitions; A to C.
Section 554.905 Definitions; D to L.
Section 554.907 Definitions; M to O.
Section 554.909 Definitions; P to R.
Section 554.911 Definitions; S.
Section 554.913 Continuing care community; organization and operation; purpose; member to service in advisory capacity.
Section 554.915 Continuing care agreement; registration or exemption required; applicability to written or oral arrangements; offer or sale; conditions; circumstances.
Section 554.917 Rules; exemption; variance; area not considered home for the aged or adult foster care facility; relationship not subject to laws between landlord and tenant.
Section 554.919 Initial registration; submission of information; missing or unreliable information; cost of investigation; deposit of payment; registration of 2 or more retirement communities as single continuing care community; consideration of opinions, appraisals, and reports of experts; electronic transmission of application and fee.
Section 554.921 Incomplete application; notification; order approving or denying registration.
Section 554.923 Effect of order approving or filing registration.
Section 554.925 Renewal of registration; application form to be sent by department.
Section 554.927 Application for registration renewal; processing; failure to submit application or fee; continuation of current registration; failure to file renewal application.
Section 554.929 Extension of registration; requirements; fees.
Section 554.931 Fees; continuing care administration fund; creation; disposition; investment; money remaining at close of fiscal year; expenditures.
Section 554.933 Reportable changes; amendment of registration.
Section 554.935 Delivery of continuing care agreements, emergency plan, and disclosure statement; availability of feasibility study.
Section 554.937 Disclosure statement.
Section 554.939 Continuing care agreement; requirements.
Section 554.941 Financial statements; requirements.
Section 554.943 Financial forecast.
Section 554.945 Funds to be held in trust account; deposit with escrow agent; conditions; temporary suspension order; return of escrowed funds; escrow agreement and account; requirements; release of funds.
Section 554.947 Alternative financial arrangement.
Section 554.949 Records; reports.
Section 554.951 Advertising or marketing communication.
Section 554.955 Offer or sale of continuing care agreement; prohibited acts.
Section 554.957 Appointment of independent conservator or guardian.
Section 554.959 Arbitration.
Section 554.961 Service of process; irrevocable consent appointing department.
Section 554.963 Investigations.
Section 554.965 Review and audit of documents and records.
Section 554.967 Repayment of entrance fee; temporary suspension.
Section 554.969 Order denying, suspending, or revoking registration.
Section 554.971 Cease and desist order.
Section 554.973 Injunction, restraining order, or writ of mandamus.
Section 554.975 Civil fine; costs; sanctions; continuing care agreement as voidable; refund.
Section 554.977 Liability; offer of rescission.
Section 554.979 Liability by implication; liability under other statute or common law.
Section 554.981 Person materially aiding in act or transaction constituting violation; joint and several liability.
Section 554.983 Statute of limitations.
Section 554.985 Violation as felony; penalty; seizure and forfeiture of proceeds or instrumentality of crime.
Section 554.987 Promulgation of rules.
Section 554.989 Disclosure of filings; exemption; confidentiality of social security numbers.
Section 554.991 Life interest or long-term lease agreement under former act.
Section 554.993 Facility or person registered or exempt under former act.