Mich. Comp. Laws § 331.1504

Current through Public Act 151 of the 2024 Legislative Session
Section 331.1504 - Tax exemption

All property of any corporation or nonprofit subsidiary corporation and its income and operation is exempt from all taxation by the state or by any taxing unit therein.

MCL 331.1504

1987, Act 230, Eff. 2/27/1988 .