Section 285.277 - Tax exemptions.

MICHIGAN FAMILY FARM DEVELOPMENT ACT (EXCERPT)
Act 220 of 1982

285.277 Tax exemptions.

Sec. 27.

The property of the authority and its income and operation shall be exempt from all taxation by the state or any of its political subdivisions and all bonds and notes of the authority shall be exempt from all taxation by the state or any of its political subdivisions.


History: 1982, Act 220, Imd. Eff. July 10, 1982