Michigan Compiled Laws

Mich. Comp. Laws § 390.1435 (2026)

Exemption from taxation.

✓ current as of July 2026
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MICHIGAN EDUCATION TRUST ACT


Act 316 of 1986


390.1435 Exemption from taxation.

Sec. 15.

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

History: 1986, Act 316, Imd. Eff. Dec. 23, 1986