Michigan Laws 445.1013 – Termination of motor lease by service member or spouse; requirements
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Terms Used In Michigan Laws 445.1013
- Active duty: means active duty pursuant to an executive order of the president of the United States, an act of congress, or an order of the governor. See Michigan Laws 445.1012
- 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
- Lessee: means that term as defined in section 1 of 1990 PA 169, MCL 445. See Michigan Laws 445.1012
- Motor vehicle: means that term as defined in section 1 of 1990 PA 169, MCL 445. See Michigan Laws 445.1012
- Motor vehicle lease: means a lease contract as that term is defined in section 1 of 1990 PA 169, MCL 445. See Michigan Laws 445.1012
- Service member: means a member of the armed forces, a reserve branch of the armed forces, or the Michigan national guard. See Michigan Laws 445.1012
A service member who is deployed on active duty for a period of 180 days or more, or the spouse of that service member, may terminate any motor vehicle lease that meets all of the following requirements:
(a) The motor vehicle lease is entered into on or after the effective date of this act.
(b) The motor vehicle lease is executed by or on behalf of the service member as a lessee.
(c) The motor vehicle lease is executed before the service member is deployed on active duty.