INTERGOVERNMENTAL CONDITIONAL TRANSFER OF PROPERTY BY CONTRACT (EXCERPT)
Act 425 of 1984
124.28 Conditionally transferred property; jurisdiction.
Unless the contract specifically provides otherwise, property which is conditionally transferred by a contract under this act is, for the term of the contract and for all purposes, under the jurisdiction of the local unit to which the property is transferred.
History: 1984, Act 425, Eff. Mar. 29, 1985
© 2009 Legislative Council, State of Michigan