500.2933 Pool exempted from fees and taxes; exception. Sec. 2933. The pool is exempt from all license fees, income, franchise, premium and privilege taxes levied or assessed by this state or any political subdivision of this state, except taxes upon the real or personal property of the pool, which is to be assessed and taxed in the same manner as the real and personal property of nonexempt persons. History: Add. 1971, Act 74, Eff. Aug. 1, 1971 Popular Name: Act 218Popular Name: Essential Insurance
Michigan Legal Code