{"data":{"id":"us-mi/mich.-comp.-laws-331.1504","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 331.1504","heading":"Tax exemption.","body":"Sec. 504.\n\nAll property of any corporation or nonprofit subsidiary corporation and its income and operation is exempt from all taxation by the state or by any taxing unit therein.","path":["MI Code","Chapter 331","Act Act-230-of-1987"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-331-1504","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"6094b043126a2dfc34f37af785f6ec0560e2757217cec1b935d01cd5cd10b8f3","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-331.1503","next":"us-mi/mich.-comp.-laws-331.1505"},"notice":"GroundRules: Original legal text. Not legal advice."}