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Code · Michigan · Chapter 331 — Hospitals

331.1504 Tax exemption.

41 words·~1 min read·/mi/chapter-331/331-1504

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331.1504 Tax exemption.
Sec. 504.
All property of any corporation or nonprofit subsidiary corporation and its income and operation is exempt from all taxation by the state or by any taxing unit therein.
History: 1987, Act 230, Eff. Feb. 27, 1988
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