Bonds Exempted From Taxation.

  1. Law
  2. Michigan Compiled Laws
  3. Taxation of Real and Personal Property
  4. 88 of 1909 - Exemption of Municipal Bonds (211.571 - 211.571)
  5. Bonds Exempted From Taxation.

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Sec. 1.

All bonds hereafter issued by any county, township, city, village, school district or community college district within the state pursuant to statute are exempted from all taxation.

History: 1909, Act 88, Eff. Sept. 1, 1909 ;-- CL 1915, 4194 ;-- CL 1929, 3754 ;-- CL 1948, 211.571 ;-- Am. 1963, Act 234, Imd. Eff. May 23, 1963
Compiler's Notes: Former section 2 of this act, a repeal provision, was repealed by Act 267 of 1945.


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