Mich. Comp. Laws § 324.19704
Current through Public Act 149 of the 2024 Legislative Session
The bonds shall be fully negotiable under the uniform commercial code, 1962 PA 174, MCL 440.1101 to 440.11102. The bonds and the interest on the bonds shall be exempt from all taxation by the state or any political subdivision of the state.
MCL 324.19704