Michigan § 38.1140g - Investment in securities exempt from taxes.
Full text of Michigan Michigan Compiled Laws § 38.1140g — Investment in securities exempt from taxes., with citation guidance and answers to common questions.
§ 38.1140g. Investment in securities exempt from taxes.
Notwithstanding any other provision of this act, investment in securities wholly or partially exempt from income or other taxes levied by the United States shall be made only at taxable-equivalent yields or returns available in the marketplace on otherwise comparable securities at the time the investment decision is made.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 38.1140g
What does Michigan Compiled Laws § 38.1140g cover?
Section 38.1140g ("Investment in securities exempt from taxes.") 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 § 38.1140g?
A common citation format is "Michigan Compiled Laws § 38.1140g" (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 § 38.1140g 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.