700.1506 Duties of fiduciary in interest of beneficiaries.
37 words·~1 min read·
/mi/chapter-700/700-1506A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
700.1506 Duties of fiduciary in interest of beneficiaries.
Sec. 1506.
A fiduciary shall invest and manage fiduciary assets solely in the interest of the beneficiaries.
History: 1998, Act 386 , Eff. Apr. 1, 2000
Popular Name: EPIC