Section 830.421 - Exemption from taxation.
STATE BUILDING AUTHORITY (EXCERPT)
Act 183 of 1964
830.421 Exemption from taxation.
Sec. 11.
Property owned and acquired by the building authority in accordance with this act shall be exempt from taxes levied by the state or its political subdivisions and taxing districts. The building authority shall not be required to pay taxes or assessments upon its activities or upon its income or revenues.
History: 1964, Act 183, Imd. Eff. May 19, 1964 ;-- Am. 1976, Act 240, Eff. Mar. 31, 1977