Mich. Comp. Laws § 555.14: Express trust for unauthorized purpose; estate of trustee; power in trust.
Where this section sits in the code
- MI Code
- Chapter 555
- Act R-S-of-1846
Sec. 14.
When an express trust shall be created for any purpose not enumerated in the preceding sections of this chapter, no estate shall vest in the trustees; but the trust, if directing or authorizing the performance of any act which may be lawfully performed under a power, shall be valid as a power in trust, subject to the provisions in relation to such powers contained in the next succeeding chapter.
Collected 2026-09-14T18:32:31Z. Source file · JSON