Michigan Compiled Laws § 213.72 Lease, Sale, Or Conveyance Of Property; Terms; Record.

213.72 Lease, sale, or conveyance of property; terms; record.

Sec. 22.

If property is acquired by an agency, the agency may lease, sell, or convey any portion not needed, on whatever terms the agency considers proper. A record of the leases and sales, showing the appraised value, the sale price, and other pertinent information, shall be kept in the office of the agency.

History: 1980, Act 87, Imd. Eff. Apr. 8, 1980

Compiler's Notes: Former MCL 213.71 to 213.94, deriving from Act 124 of 1883 and pertaining to the taking of property by cities, villages, and counties, were repealed by Act 120 of 1967.

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Last modified: October 10, 2016