2009 Michigan Laws 399.608 – Property loaned for indefinite term

Current as of: 2009 | Check for updates | Other versions

Sec. 8.

Beginning January 1, 1993, regardless of the date of a loan of property, a lender may give notice of termination of a loan of property if the property was loaned for an indefinite term. The lender shall give the museum at least 60 days’ notice before the lender intends to remove the property.