Sec. 15. The property of the trust and its income and operation shall be exempt from all taxation by this state or any of its political subdivisions. History: 1986, Act 316, Imd. Eff. Dec. 23, 1986
‹ Prev All Michigan sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.