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
Structure Michigan Compiled Laws
Chapter 324 - Natural Resources and Environmental Protection
Act 451 of 1994 - Natural Resources and Environmental Protection Act (324.101 - 324.90106)
Article III - Natural Resources Management (324.30101...324.83109)
451-1994-III-2 - Chapter 2 Management of Renewable Resources (324.40101...324.53519)
451-1994-III-2-4 - Subchapter 4 Forests (324.50101...324.53519)
451-1994-III-2-4-THE-TIMBER-INDUSTRY - The Timber Industry (324.50101...324.50707)
Section 324.50704 - Instrument Conveying Leasehold Interest; Approval by Attorney General.
Section 324.50705 - Conveyance to Provide for Use of Property; Termination of Lease.