MCL - Act 148 of 2008


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

The People of the State of Michigan enact:
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.