Michigan HB4275 prohibits certain foreign entities from acquiring mineral rights within the state.
Michigan HB4275, known as the "mineral rights protection act," prohibits disqualified entities from acquiring mineral rights within the state. Disqualified entities include foreign entities of concern, entities created or controlled by such countries, entities controlled by disqualified persons, and citizens of such countries. Mineral rights pertain to the extraction of subsurface oil, gas, coal, or other minerals. Violations are misdemeanors with fines up to $1,000,000 and subject to seizure and forfeiture.
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