{"data":{"id":"us-mi/mich.-comp.-laws-324.61722","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 324.61722","heading":"Unit production or proceeds not income of unit; unit as administrative agent only.","body":"Sec. 61722.\n\nThe unit production, proceeds from the sale of the unit production, or other receipts shall not be treated, regarded, or taxed as income or profits of the unit; but instead all receipts shall be the income of the several persons to whom or to whose credit the receipts are payable under the plan of unitization. To the extent the unit may receive or disburse the receipts, it shall do so only as a common administrative agent of the person to whom the receipts are payable.","path":["MI Code","Chapter 324","Act Act-451-of-1994"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-324-61722","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"26bfa11f021551f8962500145f041548ffdcd64a877ff2a6808c9cb74fc93bce","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-324.61721","next":"us-mi/mich.-comp.-laws-324.61723"},"notice":"GroundRules: Original legal text. Not legal advice."}