Urban redevelopment corporations law; short title; applicability to townships.

Sec. 1. (1) This act shall be known and may be cited as the "urban redevelopment corporations law." (2) This act applies to townships in the same manner and to the same extent as it applies to cities. However, the development area in a township shall be limited to property that was used for a state office, hospital, prison, institution of higher education, or other state facility.