Michigan § 18.1222 - Property acquired through installment lease agreement as public property; exemption from property tax.

Full text of Michigan Michigan Compiled Laws § 18.1222 — Property acquired through installment lease agreement as public property; exemption from property tax., with citation guidance and answers to common questions.

§ 18.1222. Property acquired through installment lease agreement as public property; exemption from property tax.

Sec. 222.

Property acquired for the state or a state agency through an installment lease agreement is public property and shall be considered exempt for purposes of the general property tax act, Act No. 206 of the Public Acts of 1893, being sections 211.1 to 211.157 of the Michigan Compiled Laws, if the state as lessee under the installment lease agreement is required to pay any taxes or reimburse the lessor for any payments the lessor has made.

Source: official Michigan text · Last verified 2026-08-27

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Frequently Asked Questions About Michigan § 18.1222

What does Michigan Compiled Laws § 18.1222 cover?

Section 18.1222 ("Property acquired through installment lease agreement as public property; exemption from property tax.") is part of the Michigan Compiled Laws, the codified statutory law of Michigan. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Michigan § 18.1222?

A common citation format is "Michigan Compiled Laws § 18.1222" (Michigan). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Michigan law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Michigan official source linked on this page or consult a licensed Michigan attorney.

How does Michigan § 18.1222 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Michigan can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Michigan.