Michigan Compiled Laws
451-1994-III-4-4-HARBOR-DEVELOPMENT-791 - Part 791 Harbor Development (324.79101...324.79118)
Section 324.79110 - Sale, Transfer, or Assignment of Lease; Transfer by Bequest or Descent of Lessee.

Sec. 79110.
A lease entered into by the department under this part or an interest in a lease entered into by the department under this part shall not be sold, transferred, or assigned unless the sale, transfer, or assignment is first approved by the department, after receipt of a written application containing the same information as to the purchaser, transferee, or assignee as is required of an original applicant. This section does not restrict the transfer by bequest or descent of the lessee.
History: Add. 1995, Act 58, Imd. Eff. May 24, 1995 Popular Name: Act 451Popular Name: NREPA

Structure Michigan Compiled Laws