{"data":{"id":"us-mi/mich.-comp.-laws-124.22","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 124.22","heading":"Conditional transfer of property; period; written contract; renewal.","body":"Sec. 2.\n\nTwo or more local units may conditionally transfer property for a period of not more than 50 years for the purpose of an economic development project. A conditional transfer of property shall be controlled by a written contract agreed to by the affected local units.\n\nA contract under this act may be renewed for additional periods of not to exceed 50 years upon approval of each legislative body of the affected local units.","path":["MI Code","Chapter 124","Act Act-425-of-1984"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-124-22","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"249ff983dc9477c4e857b41ce73932dd281045b5d84c83694267d954e549a04f","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-124.21","next":"us-mi/mich.-comp.-laws-124.23"},"notice":"GroundRules: Original legal text. Not legal advice."}