SB 528

SENATE BILL NO. 528
A bill to amend 1961 PA 236, entitled
"Revised judicature act of 1961,"
by amending sections 3216 and 3220 (MCL 600.3216 and
600.3220).
the people of the state of michigan enact:
Sec. 3216. (1) The A sale shall of mortgaged
property under this chapter must be conducted at
a public sale, held between
the hour of 9 o'clock in the forenoon and 4 o'clock
in the afternoon, at 9:00 a.m. and 4:00 p.m.
The sale may be conducted in either of the following ways:
(a) In person at the
place of holding where
the circuit court within is held in the county in which the premises to be
sold, or some part of them, are situated, and shall the premises, is located.
(b) Online. The person conducting the sale shall ensure that the online
auction platform used is secure, reliable, and accessible to all interested
bidders. The amount bid by the highest bidder in an online sale must be paid within
24 hours after the sale, not including any time in a weekend day or a holiday
in the 24 hours, for the person conducting the sale to execute, acknowledge,
and deliver a deed under section 3232.
(2) The sale under subsection (1) must be made by the person appointed for that
purpose in the mortgage, or by the sheriff, undersheriff, or a deputy sheriff
of the county, to the highest bidder.
Sec. 3220. (1) Such A sale of mortgaged property under this chapter may be
adjourned from time to time, by the sheriff or other officer or person
appointed to make such the sale, at the
request of the party in whose name the notice of sale is published by posting a
notice of such the adjournment
before or at the time of and at the place where
said the sale.
(2) Unless the sale is to be made , and if any online, the notice of adjournment under this section must be posted at the place
where the sale is to be conducted. If the sale is to be made online, the notice
of adjournment must be posted in a highly visible manner on the platform on
which the sale was to be conducted and on the website of the county on which
notice of the sale was previously posted, and must be given by any other means
that the notice of sale was previously given under section 3208(3).
(3) If an adjournment
be of a sale under
this section is for more than 1 week at one time, the notice thereof, appended to of
adjournment and the original notice of sale , shall must also
be published in the newspaper in which the original notice was published, the
first publication to be within 10 days of the date from which the sale was
adjourned and thereafter after the first publication once in each full secular
week during the time for which such the sale shall be is adjourned. No
(4) An oral
announcement of any an adjournment shall be under this section is not necessary.
Enacting section 1.
This amendatory act does not take effect unless Senate Bill No. 527 of the
103rd Legislature is enacted into law.