Mich. Comp. Laws § 38.1140g
Current through Public Act 156 of the 2024 Legislative Session
Notwithstanding any other provision of this act, investment in securities wholly or partially exempt from income or other taxes levied by the United States shall be made only at taxable-equivalent yields or returns available in the marketplace on otherwise comparable securities at the time the investment decision is made.
MCL 38.1140g