Michigan Compiled Laws, Chapter 324. Natural Resources and Environmental Protection § 324.2138

Sec. 2138. (1) Upon request, the department shall consider selling or leasing land if both of the following requirements are met:

(2) The department shall give notice of the proposed sale or lease of the land as provided in section 2165.  1

(3) In making its decision on the request under subsection (1), the department shall consider both of the following:

(4) The price for sale of the land shall be established using a method determined appropriate by the department and agreed to by the applicant, such as those listed in section 2132(1). 2

(5) Proceeds from sale of the land shall be deposited in the fund that provided the revenue for the acquisition of the land by the department. If there is more than 1 such fund, the revenue shall be deposited in the funds in amounts proportionate to their respective contributions for the department's acquisition of the land. To the extent that the land was in whole or in part acquired other than with restricted fund revenue, a proportionate amount of proceeds of the sale of the land shall be deposited in the land exchange facilitation and management fund created in section 2134.  3