2006 Michigan Compiled Laws - Mich. Comp. Laws § 207.852 Commercial rehabilitation exemption certificate; revocation.

COMMERCIAL REHABILITATION ACT (EXCERPT)
Act 210 of 2005


207.852 Commercial rehabilitation exemption certificate; revocation.

Sec. 12.

The legislative body of the qualified local governmental unit may, by resolution, revoke the commercial rehabilitation exemption certificate of a facility if it finds that the completion of rehabilitation of the qualified facility has not occurred within the time authorized by the legislative body in the exemption certificate or a duly authorized extension of that time, or that the holder of the commercial rehabilitation exemption certificate has not proceeded in good faith with the operation of the qualified facility in a manner consistent with the purposes of this act and in the absence of circumstances that are beyond the control of the holder of the exemption certificate.


History: 2005, Act 210, Imd. Eff. Nov. 17, 2005



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