Section 259.820 - Transfer of existing contracts and agreements. - Michigan Statutes

AIRPORT AUTHORITIES (EXCERPT)
Act 73 of 1970

259.820 Transfer of existing contracts and agreements.

Sec. 20.

All contracts and rental agreements between the state aeronautics commission, the terminal building board of control and contracting parties relevant of space, services, facilities or business enterprises in existence at the time of the formation of the authority shall be transferred to the authority and all terms and conditions of the contracts and agreements shall be continued until terminated or renegotiated by the terms of the contracts and agreements.

History: 1970, Act 73, Imd. Eff. July 16, 1970