{"data":{"id":"us-mi/mich.-comp.-laws-324.79111","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 324.79111","heading":"Consideration for issuance of lease; reduction of initial financial burden.","body":"Sec. 79111.\n\nA lease entered into by the department under this part shall not be issued without consideration. However, the department may establish annual lease payments, which reduce the initial financial burden on the lessee as much as is reasonably possible, with subsequent payments to be appropriately increased to assure payment of the total lease obligation prior to the termination of the lease.","path":["MI Code","Chapter 324","Act Act-451-of-1994"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-324-79111","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"11ff146d05c3c26262cd15c8692fce152c87c5e84532913a9d21d712f8d0b1fc","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-324.79110","next":"us-mi/mich.-comp.-laws-324.79112"},"notice":"GroundRules: Original legal text. Not legal advice."}