556.503 Effect on existing powers of attorney.
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556.503 Effect on existing powers of attorney.
Sec. 403.
Except as otherwise provided in this act, on the effective date of this act all of the following apply:
(a)Except as provided in subdivision (c), this act applies to a power of attorney created before, on, or after the effective date of this act.
(b)This act applies to a judicial proceeding concerning a power of attorney commenced on or after the effective date of this act.
(c)This act applies to a judicial proceeding concerning a power of attorney commenced before the effective date of this act unless the court finds that application of a provision of this act would substantially interfere with the effective conduct of the judicial proceeding or prejudice the rights of a party, in which case that provision does not apply and the superseded law applies.
(d)An act done before the effective date of this act is not affected by this act.
History: 2023, Act 187 , Eff. July 1, 2024