Michigan Compiled Laws § 390.1435 Exemption From Taxation.

390.1435 Exemption from taxation.

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

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Last modified: October 10, 2016