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