Sec. 22. A corporation subject to the provisions of this act is declared to be a charitable and benevolent institution, and its funds and property shall be exempt from taxation by the state, or any political subdivision.
Mich. Comp. Laws § 550.372, under NONPROFIT DENTAL CARE CORPORATIONS.
Mich. Comp. Laws § 550.372
Sec. 22. A corporation subject to the provisions of this act is declared to be a charitable and benevolent institution, and its funds and property shall be exempt from taxation by the state, or any political subdivision.