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2017 Michigan Compiled Laws
Chapter 500 - Insurance Code of 1956
Act 218 of 1956 THE INSURANCE CODE OF 1956 (500.100 - 500.8302)
218-1956-29 CHAPTER 29 BASIC PROPERTY INSURANCE (500.2901...500.2954)
Section 500.2933 Pool exempted from fees and taxes; exception.
Universal Citation: MI Comp L § 500.2933 (2017)
500.2933 Pool exempted from fees and taxes; exception.
Sec. 2933.
The pool is exempt from all license fees, income, franchise, premium and privilege taxes levied or assessed by this state or any political subdivision of this state, except taxes upon the real or personal property of the pool, which is to be assessed and taxed in the same manner as the real and personal property of nonexempt persons.
History: Add. 1971, Act 74, Eff. Aug. 1, 1971
Popular Name: Act 218
Popular Name: Essential Insurance
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