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Michigan Compiled Laws Complete Through PA 73 of 2022
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Act 101 of 1961
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Act 101 of 1961

AN ACT to implement the state supervision and enforcement of charitable trusts; and to authorize the attorney general to establish and maintain a register of such charitable trusts, to protect the interests of the people of the state therein, to adopt and promulgate rules and regulations necessary to carry out the purposes of the act, and to take appropriate action to protect and carry out the purposes of the charitable trusts.

History: 1961, Act 101, Eff. Sept. 8, 1961 ;-- Am. 1965, Act 353, Eff. Mar. 31, 1966

The People of the State of Michigan enact:

Section 14.251SectionCharitable trusts; supervision; application of act.
Section 14.252SectionDefinitions.
Section 14.253SectionGovernmental and corporate exclusions; exceptions; registration and reporting requirements for irrevocable trusts; testamentary or inter vivos trusts not deemed as charitable.
Section 14.254SectionAttorney general; jurisdiction and control; parties represented; powers and duties; probate of will; notice; procedures; register of trusts and trustees.
Section 14.255SectionFiling of trust instrument and inventory of assets; time.
Section 14.256SectionAudit report; trustee's report; distribution of assets; hearing; notice to attorney general; approval; rules; reports; suspension; trustee's account; first report.
Section 14.257SectionRules and regulations by attorney general.
Section 14.258SectionInvestigation of transactions.
Section 14.259SectionOrder for appearance; enforcement.
Section 14.260SectionRegister, copies of instruments and reports; public inspection.
Section 14.261SectionEnforcement to ensure compliance with act; proper accounting; jurisdiction of courts.
Section 14.262SectionApplication of act irrespective of contents of instrument.
Section 14.263SectionCustodians of public records; copies of instruments.
Section 14.264SectionApplications for exemption from taxation; filing of list with attorney general.
Section 14.265SectionPurpose and construction of act.
Section 14.266SectionShort title.
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