Michigan § 205.61 Motor vehicle used as partial payment; value.

Michigan Statutes

§ 205.61 — Motor vehicle used as partial payment; value.

Michigan § 205.61

Ch. 205TAXATION

Act 167 of 1933GENERAL SALES TAX ACT (205.51-205.78)

This text of Michigan § 205.61 (Motor vehicle used as partial payment; value.) is published on Counsel Stack Legal Research, covering Michigan primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mich. Comp. Laws § 205.61 (2026).

Text

GENERAL SALES TAX ACT (EXCERPT) Act 167 of 1933 205.61 Motor vehicle used as partial payment; value. Sec.

11.In a taxable sale at retail of a motor vehicle where another motor vehicle is used as partial payment of the purchase price, the value of the motor vehicle used as partial payment is that value agreed to by the parties to the sale as evidenced by the signed statement executed under section 251 of the Michigan vehicle code, 1949 PA 300, MCL 257.251.

Free access — add to your briefcase to read the full text and ask questions with AI

GENERAL SALES TAX ACT (EXCERPT) Act 167 of 1933 205.61 Motor vehicle used as partial payment; value. Sec. 11. In a taxable sale at retail of a motor vehicle where another motor vehicle is used as partial payment of the purchase price, the value of the motor vehicle used as partial payment is that value agreed to by the parties to the sale as evidenced by the signed statement executed under section 251 of the Michigan vehicle code, 1949 PA 300, MCL 257.251.

Legislative History

Add. 2004, Act 173 , Eff. Sept. 1, 2004 Compiler's Notes: Former MCL 205.61, which pertained to failure or refusal to file tax return, was repealed by Act 164 of 1980, Eff. Sept. 17, 1980.