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Code · Michigan · Chapter 556 — Powers of Appointment

556.212 Reimbursement and compensation of agent.

55 words·~1 min read·/mi/chapter-556/556-212

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556.212 Reimbursement and compensation of agent.
Sec. 112.
Unless the power of attorney provides otherwise, an agent is entitled to both of the following:
(a)Reimbursement of expenses reasonably incurred on behalf of the principal.
(b)Reasonable compensation for services rendered on behalf of the principal.
History: 2023, Act 187 , Eff. July 1, 2024
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