Property; Exemption From Tax.

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Sec. 23.

The property of the authority and its income and operation are exempt from all taxation by this state or any of its political subdivisions.

History: 2002, Act 49, Imd. Eff. Mar. 14, 2002
Compiler's Notes: For transfer of powers and duties of Michigan broadband development authority from department of treasury to department of labor and economic growth by Type I transfer, see E.R.O. No. 2003-1, compiled at MCL 445.2011.


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