There is a newer version of the Michigan Compiled Laws
2006 Michigan Compiled Laws - Mich. Comp. Laws § 17.455 Notes and interest exempt from taxation.
Act 266 of 1967 17.455 Notes and interest exempt from taxation. Sec. 5. Notes issued under this act before or after the effective date of this section and the interest on those notes shall be exempt from all taxation by the state or political subdivisions of the state.
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