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Code · Michigan · Chapter 700 — Estates and Protected Individuals Code

700.1507 Impartiality.

59 words·~1 min read·/mi/chapter-700/700-1507

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700.1507 Impartiality.
Sec. 1507.
If a fiduciary estate has 2 or more beneficiaries, the fiduciary shall act impartially in investing, managing, and distributing the fiduciary assets, and shall take into account any differing interests of the beneficiaries.
History: 1998, Act 386 , Eff. Apr. 1, 2000 ;-- Am. 2009, Act 46 , Eff. Apr. 1, 2010
Popular Name: EPIC
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