{"data":{"id":"us-mi/mich.-comp.-laws-700.1501","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 700.1501","heading":"Short title of part; definitions.","body":"Sec. 1501.\n\nThis part shall be known and may be cited as the \"Michigan prudent investor rule\". This part prescribes the Michigan prudent investor rule.\n\nAs used in this part:\n\n\"Governing instrument\" includes, but is not limited to, a court order.\n\n\"Portfolio\" means all property of every kind and character held by a fiduciary on behalf of a fiduciary estate.","path":["MI Code","Chapter 700","Act Act-386-of-1998"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-700-1501","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"00ac4cc8695ca68c4518344c9a3be98ba8d62fc3dfea0d8455df3ed46d1d2566","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-700.1403","next":"us-mi/mich.-comp.-laws-700.1502"},"notice":"GroundRules: Original legal text. Not legal advice."}