Michigan Laws 280.5 – Drainage district; body corporate; powers
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Terms Used In Michigan Laws 280.5
- Contract: A legal written agreement that becomes binding when signed.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Personal property: All property that is not real property.
A drainage district is a body corporate with power to contract; to sue and to be sued; to acquire interests in real or personal property by gift, purchase, lease, grant, trade, or any other lawful method, including condemnation pursuant to the uniform condemnation procedures act, 1980 PA 87, MCL 213.51 to 213.75; and to hold, manage, and dispose of real and personal property, in addition to any other powers conferred upon it by law.