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Refunding bonds; negotiability and tax exemption.

MCL 254.364
in effect
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254.364. Refunding bonds; negotiability and tax exemption. Sec. 4. Refunding bonds issued under this act shall be deemed to be negotiable instruments under the laws of the state, and the principal of and interest on the bonds is not subject to taxation by the state or any taxing authority therein. 1966, Act 13, Imd. Eff. Apr. 6, 1966
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-254-364Fetched: 10/20/2026

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