{"data":{"id":"us-mi/mich.-comp.-laws-700.1506","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 700.1506","heading":"Duties of fiduciary in interest of beneficiaries.","body":"Sec. 1506.\n\nA fiduciary shall invest and manage fiduciary assets solely in the interest of the beneficiaries.","path":["MI Code","Chapter 700","Act Act-386-of-1998"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-700-1506","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"caca91863563538c15c65170d22325e4956c4b55ef769c84aca5890362226cad","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-700.1505","next":"us-mi/mich.-comp.-laws-700.1507"},"notice":"GroundRules: Original legal text. Not legal advice."}