Sec. 8.
The state treasurer shall prescribe and prepare for use by the county treasurer, adhesive stamps of such denominations and quantities as shall be necessary for the payment of the tax imposed by this act. The state treasurer shall prescribe conditions under which a county treasurer may utilize a tax meter machine. The adhesive stamps, if used, shall be requisitioned by the county treasurer as required. The county treasurer shall reimburse the state treasurer for the production cost of the stamps so requisitioned. The treasurer shall make provisions for the use of tax meter machines or for the sale of the stamps in such places as he deems necessary.
History: 1966, Act 134, Eff. Jan. 1, 1968 ;-- Am. 1967, Act 258, Imd. Eff. July 19, 1967
Structure Michigan Compiled Laws
Act 134 of 1966 - Real Estate Transfer Tax (207.501 - 207.513)
Section 207.501 - Real Estate Transfer Tax; Definitions.
Section 207.502 - Instruments Executed Within State Subject to Tax.
Section 207.503 - Instruments Executed Outside State Subject to Tax.
Section 207.504 - Rate of Tax; Statement on Face of Written Instrument; Affidavit.
Section 207.506 - Bankruptcy or Insolvency Proceedings; Transfer to Receivers.
Section 207.507 - Documentary Stamps; Purchase, Methods of Affixation, Cancellation.
Section 207.508 - Preparation of Stamps; Duty of Treasurer, Use of Tax Meter Machine.
Section 207.509 - Revenue, Disposition; Credit to General Fund.
Section 207.510 - Tax to Be Paid Only Once; Exemptions; New Consideration.
Section 207.511 - Recording, Requirements; Detachment of Affidavit; Use.