Terms Used In Michigan Laws 333.26338

  • Conveyance: means sale, transfer, assignment, or other disposition. See Michigan Laws 333.26333
  • person: may extend and be applied to bodies politic and corporate, as well as to individuals. See Michigan Laws 8.3l
  • state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories belonging to the United States; and the words "United States" shall be construed to include the district and territories. See Michigan Laws 8.3o
   Except for taxes otherwise imposed by the state or a political subdivision of the state, the conveyance of assets permitted under this act is free and clear of any liens, claims, or interests of the state or of a person claiming through or under the state.