Statutes > Michigan Statutes > Chapter 123 - LOCAL GOVERNMENTAL AFFAIRS > Act 31 of 1948 (1st Ex. Sess.) - BUILDING AUTHORITIES (123.951 - 123.965) > Section 123.962 - Tax exemption for property.

Section 123.962 - Tax exemption for property.

BUILDING AUTHORITIES (EXCERPT)
Act 31 of 1948 (1st Ex. Sess.)

123.962 Tax exemption for property.

Sec. 12.

All property owned by any authority shall be exempt from taxation by the state or any taxing unit therein.


History: 1948, 1st Ex. Sess., Act 31, Imd. Eff. May 10, 1948 ;-- CL 1948, 123.962