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Code · Michigan · Chapter 35 — Veterans and Members of Armed Forces

35.904 Serial bonds and notes; exemption from taxation.

56 words·~1 min read·/mi/chapter-35/35-904

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

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
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