Michigan Statutes

§ 447.164 — Tax exemptions generally.

Michigan § 447.164

JurisdictionMichigan

Ch. 447FOREIGN TRADE

Act 157 of 1986MICHIGAN EXPORT DEVELOPMENT ACT (447.151-447.168)

This text of Michigan § 447.164 (Tax exemptions generally.) 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 § 447.164 (2026).

Text

MICHIGAN EXPORT DEVELOPMENT ACT (EXCERPT) Act 157 of 1986 447.164 Tax exemptions generally. Sec.

14.The bonds, interest on the bonds, and the transfer of the bonds authorized under this act shall be exempt from all taxation by this state or any of its political subdivisions, except for inheritance, estate, or gift taxes.

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Legislative History

1986, Act 157, Imd. Eff. July 7, 1986 ;-- Am. 1990, Act 304, Imd. Eff. Dec. 14, 1990

Nearby Sections

15

§ 447.1

Foreign trade zones; definitions.

§ 447.101

International commerce division; creation, director.

§ 447.102

International commerce division; performance of duties within appropriations.

§ 447.103

International commerce division; powers and duties.

§ 447.121

Foreign trade branch of department of agriculture marketing section; creation.

§ 447.122

Foreign trade branch; performance of duties within appropriations.

§ 447.123

Foreign trade branch; powers and duties.

§ 447.151

§ 447.152

§ 447.153

Michigan export development authority; creation; budgeting, procurement, and related functions; purpose of authority.

§ 447.154

Board of directors; appointment, qualifications, and terms of members; vacancy; oath or affirmation; reimbursement for expenses; election of chairperson, vice-chairperson, secretary, and other officers; quorum; majority vote sufficient for action; vote necessary for bonds.

§ 447.155

Effect of vacancy in membership of board; authorization and effective date of action by board; delegation of powers and duties; liability or accountability on contract, commitment, or agreement; liability for damage or injury; indemnification of board members and staff officers; appointment of employees to unclassified positions; terms.

§ 447.156

Conducting business at public meeting; notice; availability of writings to public; confidentiality.

§ 447.157

Powers of authority generally.

§ 447.158

Guarantee or export insurance for eligible export transaction; requirements; fees; determinations; condition to provision of guarantee or export insurance.

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Bluebook (online)

Michigan § 447.164, Counsel Stack Legal Research, https://law.counselstack.com/statute/mi/447/447.164.