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Code · Michigan · Chapter 324 — Natural Resources and Environmental Protection

324.79110 Sale, transfer, or assignment of lease; transfer by bequest or descent of lessee.

114 words·~1 min read·/mi/chapter-324/324-79110

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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 451
Popular Name: NREPA
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