Main Content Act 373 of 1925 friendly link Printer Friendly bills affecting index and updates Search within this Statute for GIFTS, GRANTS, BEQUESTS, AND DEVISESAct 373 of 1925AN ACT to relieve gifts, grants, devises and bequests, in trust or otherwise, for public welfare purposes, from the operation of all statutory and all common law rules of this state against perpetuities and restraint of alienation, to define said purposes, and to provide a rule of construction. History: 1925, Act 373, Eff. Aug. 27, 1925 © 2009 Legislative Council, State of MichiganThe People of the State of Michigan enact: DocumentTypeDescription Section 554.381SectionPublic welfare purposes; validity of gifts and bequests. Section 554.382SectionPublic welfare purposes; definition.
