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Current as of January 01, 2025 | Updated by Findlaw Staff
Sec. 14. When an express trust shall be created for any purpose not enumerated in the preceding sections of this chapter, no estate shall vest in the trustees; but the trust, if directing or authorizing the performance of any act which may be lawfully performed under a power, shall be valid as a power in trust, subject to the provisions in relation to such powers contained in the next succeeding chapter.
Cite this article: FindLaw.com - Michigan Compiled Laws, Chapter 555. Uses and Trusts § 555.14 - last updated January 01, 2025 | https://codes.findlaw.com/mi/chapter-555-uses-and-trusts/mi-comp-laws-555-14/
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