Michigan Compiled Laws § 324.74125 Bonds; Exemption From Taxation.

324.74125 Bonds; exemption from taxation.

Sec. 74125.

All bonds issued pursuant to this part and the interest on those bonds is exempt from taxation by the state, or by any municipality, corporation, county, or other political subdivision or taxing district of the state.

History: Add. 1995, Act 58, Imd. Eff. May 24, 1995
Popular Name: Act 451
Popular Name: NREPA

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Last modified: October 10, 2016