MCL - Act 373 of 1925
AN 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
| Document | Type | Description |
|---|---|---|
| Section 554.381 | Section | Public welfare purposes; validity of gifts and bequests. |
| Section 554.382 | Section | Public welfare purposes; definition. |