GroundRules
← Search the law
Michigan · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Mich. Comp. Laws § 14.277: Distributions; trust investment more restrictive than or inconsistent with this act; notice to attorney general.

Read at publisher ↗
Where this section sits in the code
  1. MI Code
  2. Chapter 14
  3. Act Act-78-of-1971

Sec. 7.

If a trustee determines that the governing instrument contains provisions, in case of a power to make distributions, which are more restrictive than subsection (2) of section 5, or if the trust contains other powers which specifically direct acts by the trustee that are inconsistent with subsection (3) of section 5, the trustee shall notify the attorney general within 6 months following the effective date of this act, or when the trust becomes subject to this act, whichever last occurs and failure to notify the attorney general within 6 months renders the trust subject to this act. Sections 5 and 6 do not apply to a trust with respect to which notice has been given, unless the trust is amended to comply with this act.

Collected 2026-09-14T18:32:31Z. Source file · JSON

Browse this collection