Terms Used In Michigan Laws 285.143

  • 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
   The board of managers may lease its facilities as a location within or at which an organization qualified and licensed under Act No. 382 of the Public Acts of 1972, as amended, being section 432.101 to 432.120 of the Michigan Compiled Laws, may conduct bingo.