There is a newer version of the Michigan Compiled Laws
2015 Michigan Compiled Laws
Chapter 447 - Foreign Trade
Act 157 of 1986 MICHIGAN EXPORT DEVELOPMENT ACT (447.151 - 447.168)
Section 447.164 Tax exemptions generally.
MI Comp L § 447.164 (2015) What's This?
447.164 Tax exemptions generally.
Sec. 14.
The bonds, interest on the bonds, and the transfer of the bonds authorized under this act shall be exempt from all taxation by this state or any of its political subdivisions, except for inheritance, estate, or gift taxes.
History: 1986, Act 157, Imd. Eff. July 7, 1986 ;-- Am. 1990, Act 304, Imd. Eff. Dec. 14, 1990
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