2006 Michigan Compiled Laws - Act 230 of 1941


SALE OR LEASE OF REAL ESTATE ACQUIRED BY STATE

Act 230 of 1941

AN ACT to authorize the state treasurer to sell or lease certain real estate; and to prescribe certain requirements for that sale or lease.


History: 1941, Act 230, Imd. Eff. June 16, 1941 ;--Am. 2002, Act 705, Imd. Eff. Dec. 30, 2002




The People of the State of Michigan enact:

DocumentDescription
Section 322.1Real estate acquired by state; sale or lease; authorization.
Section 322.2Appraisal of real estate; sale to highest bidder; notice.
Section 322.3Terms of sale; credit; limitation; security.
Section 322.4Notice of sale; deed of conveyance; documents attached; quitclaim deed.
Section 322.5Proceeds of sale; disposition.

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