Sec. 5.
The money derived from such lease or sale, after the payment of the costs and expenses of such lease or sale, shall be paid into the state treasury and credited to the account of the general fund or to such other fund as the same would be credited had the amount been received as reimbursement directly from the person or persons liable for the care or medical treatment rendered in any Michigan state hospital or institution.
History: 1941, Act 230, Imd. Eff. June 16, 1941 ;-- CL 1948, 322.5
Structure Michigan Compiled Laws
Act 230 of 1941 - Sale or Lease of Real Estate Acquired by State (322.1 - 322.5)
Section 322.1 - Real Estate Acquired by State; Sale or Lease; Authorization.
Section 322.2 - Appraisal of Real Estate; Sale to Highest Bidder; Notice.
Section 322.3 - Terms of Sale; Credit; Limitation; Security.
Section 322.4 - Notice of Sale; Deed of Conveyance; Documents Attached; Quitclaim Deed.