{"data":{"id":"us-mi/mich.-comp.-laws-700.1512","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 700.1512","heading":"Application to existing fiduciary estates.","body":"Sec. 1512.\n\nThe Michigan prudent investor rule applies to a fiduciary estate that exists on or is created after this act's effective date. As applied to a fiduciary estate that exists on this act's effective date, the Michigan prudent investor rule governs only a decision or action that occurs after that date.","path":["MI Code","Chapter 700","Act Act-386-of-1998"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-700-1512","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"70cbe905557eb00d79ff13686ec49b6b65d3603f03844bda300405ff912d618c","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-700.1511","next":"us-mi/mich.-comp.-laws-700.2101"},"notice":"GroundRules: Original legal text. Not legal advice."}