{"data":{"id":"us-mi/mich.-comp.-laws-38.2744","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 38.2744","heading":"Taxation of assets and income; exemption.","body":"Sec. 14.\n\nAll assets and income of the trusts shall be exempt from taxation by this state or any political subdivision of this state. Except as otherwise provided in section 4(2), distributions from the trusts shall not be treated as taxable income to the past members, their health reimbursement account dependents, or their funding account dependents by this state or any political subdivision of this state.","path":["MI Code","Chapter 38","Act Act-77-of-2010"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-38-2744","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"f3e8d0a100ff75172cff764defb9f6d58fd340c1633bd4d7607632e761c9b182","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-38.2743","next":"us-mi/mich.-comp.-laws-38.2745"},"notice":"GroundRules: Original legal text. Not legal advice."}