MCL - Act 148 of 2008
AN ACT to exclude certain personal property held in trust from the rule against perpetuities and similar rules that potentially affect the duration of trusts.
History: 2008, Act 148, Imd. Eff. May 28, 2008
| Document | Type | Description |
|---|---|---|
| Section 554.91 | Section | Short title. |
| Section 554.92 | Section | Vesting of future interests; timing; exceptions; definitions. |
| Section 554.93 | Section | Interests in personal property held in trust; application of rules. |
| Section 554.94 | Section | Applicability of act to certain personal property; scope of trust. |