Mich. Comp. Laws § 322.181

Current through Public Act 171 of the 2024 Legislative Session

Section 322.181 - Timber lands; down payment

In the sale of lands, the principal value of which consists in the timber, the commissioner of the state land office shall require the payment of the entire amount of purchase money at the time of purchase, or such portion of the same, above 1/4, as he may deem for the best interest of the state.

MCL 322.181

1863, Act 140, Imd. Eff. 3/18/1863 ;--CL 1871, 3937 ;--How. 5378 ;--CL 1897, 1444 ;--CL 1915, 658 ;--CL 1929, 5822 ;--CL 1948, 322.181.