Sec. 15.
A commercial housing facilities exemption certificate may be transferred and assigned by its holder to a new owner or lessee of the new facility but only with the approval of the local governmental unit and the commission. The new owner or lessee shall apply for the transfer, and notice and hearing shall be provided, in the same manner as prescribed in section 3 for the application for a certificate.
History: 1976, Act 438, Imd. Eff. Jan. 13, 1977
Structure Michigan Compiled Laws
Act 438 of 1976 - Commercial Housing Facilities Exemption Certificates (207.601 - 207.615)
Section 207.601 - Definitions.
Section 207.602 - Approval of Certificate; Condition.
Section 207.603 - Application for Certificate; Filing; Form; Contents; Notice; Hearing.
Section 207.604 - Application for Certificate; Approval or Disapproval.
Section 207.608 - Assessor; Determining Value of New Facility.
Section 207.609 - Revocation of Certificate; Request; Notice; Hearing; Order.
Section 207.610 - Duration of Certificate; Date of Issuance of Certificate of Occupancy.
Section 207.613 - Form and Contents of Certificate.
Section 207.615 - Transfer and Assignment of Certificate; Approval; Notice; Hearing.