Michigan Compiled Laws Complete Through PA 5 of 2025
MCL Complete Through PA 5 of 2025
Senate adjourned until Tuesday, August 26, 2025 10:00 AM
Senate adjourned until 08/26/25 10:00 AM
House adjourned until Tuesday, August 19, 2025 1:30 PM
House adjourned until 08/19/25 1:30 PM
Document - Section 324.50147
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Section 324.50147
Annual incentive payments to members; purpose; application of income from sale of timber; term; interest; limitation; security; recordation of mortgage or deed of trust; effect of voluntary withdrawal of member; damage as grounds for release of obligation.