Michigan Compiled Laws § 35.904 Serial Bonds And Notes; Exemption From Taxation.

35.904 Serial bonds and notes; exemption from taxation.

Sec. 4.

All serial bonds and serial notes issued under the provisions of this act, and interest thereon, shall be exempt from all taxation by the state or by any municipality or political subdivision thereof.

History: 1947, Act 4, Imd. Eff. Feb. 6, 1947 ;-- CL 1948, 35.904

Section: Previous  35.901  35.901a  35.902  35.903  35.904  35.905  35.906    Next

Last modified: October 10, 2016