Section 324.50705 Conveyance to Provide for Use of Property; Termination of Lease.

MI Comp L § 324.50705 (2019) (N/A)
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Sec. 50705.

The conveyance authorized by this part shall provide that the property be used exclusively for the purposes set forth in section 50702(1), and that termination of either or both of those purposes or the use of the property for any other purpose constitutes grounds for termination of the lease.

History: Add. 1995, Act 57, Imd. Eff. May 24, 1995 Popular Name: Act 451Popular Name: NREPA