Michigan Laws 213.302 – Property of public college, university or hospital; determination of relative necessity
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Terms Used In Michigan Laws 213.302
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Public hospital: means a hospital whose property, or any portion of whose property, is exempt from taxation under the provisions of Act No. See Michigan Laws 213.301
No property of any public hospital or public college or public university shall be taken by the public or by any corporation for public use unless there has been a determination that the public use for which the property is to be taken is more necessary to the public than the present use or any reasonably contemplated future use to which it is or may be put by the public hospital or public college or public university.