2006 Michigan Compiled Laws - Act 425 of 1984


INTERGOVERNMENTAL CONDITIONAL TRANSFER OF PROPERTY BY CONTRACT

Act 425 of 1984

AN ACT to permit the conditional transfer of property by contract between certain local units of government; to provide for permissive and mandatory provisions in the contract; to provide for certain conditions upon termination, expiration, or nonrenewal of the contract; and to prescribe penalties and provide remedies.


History: 1984, Act 425, Eff. Mar. 29, 1985 ;--Am. 1998, Act 192, Eff. Mar. 23, 1999




The People of the State of Michigan enact:

DocumentDescription
Section 124.21Definitions.
Section 124.22Conditional transfer of property; period; written contract; renewal.
Section 124.23Formulation of contract; factors.
Section 124.24Public hearing; notice; majority vote required.
Section 124.25Compliance as condition to entering into contract; resolution; referendum; approval by majority of electors; petition; effect of not filing petition or adopting resolution.
Section 124.25aViolation of §§ 168.1 to 168.992 applicable to petitions; penalties.
Section 124.26Contract; provisions.
Section 124.27Contract; additional provisions.
Section 124.28Conditionally transferred property; jurisdiction.
Section 124.29Other method of annexation or transfer prohibited.
Section 124.30Effect of filing contract; entering contract in book; contract as prima facie evidence of conditional transfer.

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