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

700.7404 Trust purposes.

49 words·~1 min read·/mi/chapter-700/700-7404

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700.7404 Trust purposes.
Sec. 7404.
A trust may be created only to the extent its purposes are lawful, not contrary to public policy, and possible to achieve.
History: 1998, Act 386 , Eff. Apr. 1, 2000 ;-- Am. 2009, Act 46 , Eff. Apr. 1, 2010
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