Main Content Act 88 of 1909 friendly link Printer Friendly bills affecting index and updates Search within this Statute for EXEMPTION OF MUNICIPAL BONDS Act 88 of 1909AN ACT to exempt from taxation bonds hereafter issued by any county, township, city, village or school district within the state of Michigan. History: 1909, Act 88, Eff. Sept. 1, 1909 © 2009 Legislative Council, State of MichiganThe People of the State of Michigan enact: DocumentTypeDescription Section 211.571SectionBonds exempted from taxation.