MCL - Index of 386-1998-I

NOTE: Dates reflect any modification to item, not necessarily a change in law.
Title Subject
386-1998-I ARTICLE I DEFINITIONS, GENERAL PROVISIONS, AND COURT JURISDICTION (700.1101...700.1512)
386-1998-I-1 PART 1 SHORT TITLE AND DEFINITIONS (700.1101...700.1108)
Section 700.1101 Short title.
Section 700.1102 Applicability of definitions.
Section 700.1103 Definitions; "cost of living adjustment factor"; A to D.
Section 700.1104 Definitions; E to H.
Section 700.1105 Definitions; I to L.
Section 700.1106 Definitions; M to P.
Section 700.1107 Definitions; R to T.
Section 700.1108 Definitions; U to Z.
386-1998-I-2 PART 2 CONSTRUCTION AND GENERAL PROVISIONS (700.1201...700.1216)
Section 700.1201 Purposes; rules of construction.
Section 700.1202 Execution of documents; signing or witnessing documents by 2-way real-time audiovisual technology; requirements; good faith; applies April 30, 2020 until July 1, 2021.
Section 700.1203 Supplementary general principles of law applicable; construction against implied repeal.
Section 700.1205 Discovery and remedies for fraud, embezzlement, conversion, or withholding of assets.
Section 700.1207 Evidence of death or status.
Section 700.1208 Procedure to establish death of accident or disaster victim.
Section 700.1209 Acts by holder of power of appointment.
Section 700.1210 Cost-of-living adjustment.
Section 700.1211 Court personnel prohibited from providing legal advice.
Section 700.1212 Fiduciary relationship.
Section 700.1213 Reference to unified credits, exemption, or deductions.
Section 700.1214 Fiduciary; prohibited conduct.
Section 700.1215 Notice or knowledge of facts.
Section 700.1216 Governing instrument; substantial gift to drafting attorney; void; exceptions; definitions.
386-1998-I-3 PART 3 SCOPE, JURISDICTION, AND COURTS (700.1301...700.1309)
Section 700.1301 Territorial application.
Section 700.1302 Exclusive subject matter jurisdiction.
Section 700.1303 Concurrent jurisdiction; removal; purpose and policy.
Section 700.1304 Register; powers.
Section 700.1305 Appeals.
Section 700.1306 Oath or affirmation on filed documents.
Section 700.1307 Records and certified copies.
Section 700.1308 Breach of duty; remedies; order for accounting.
Section 700.1309 Appointment of special fiduciary or injunction.
386-1998-I-4 PART 4 NOTICE, PARTIES, AND REPRESENTATION IN ESTATE LITIGATION AND OTHER MATTERS (700.1401...700.1403)
Section 700.1401 Notice; method and time of giving.
Section 700.1402 Notice; waiver; order.
Section 700.1403 Formal proceeding; pleadings; parties bound by others; notice.
386-1998-I-5 PART 5 PRUDENT INVESTOR RULE (700.1501...700.1512)
Section 700.1501 Short title of part; definitions.
Section 700.1502 Prudent investor rule.
Section 700.1503 Portfolio strategy; risk and return objectives.
Section 700.1504 Diversification.
Section 700.1505 Duties at inception.
Section 700.1506 Duties of fiduciary in interest of beneficiaries.
Section 700.1507 Impartiality.
Section 700.1508 Investment costs.
Section 700.1509 Reviewing compliance.
Section 700.1510 Delegation of investment and management functions.
Section 700.1511 Language invoking standard of prudent investor rule.
Section 700.1512 Application to existing fiduciary estates.