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Michigan Compiled Laws, Chapter 555. Uses and Trusts § 555.24

Current as of January 01, 2025 | Updated by Findlaw Staff

Sec. 24. Upon the death of the surviving trustee of an express trust, the trust estate shall not descend to his heirs, nor pass to his personal representatives; but the trust if then unexecuted, shall vest in the court of chancery, with all the powers and duties of the original trustees, and shall be executed by some person appointed for that purpose, under the direction of the court.

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Cite this article: FindLaw.com - Michigan Compiled Laws, Chapter 555. Uses and Trusts § 555.24 - last updated January 01, 2025 | https://codes.findlaw.com/mi/chapter-555-uses-and-trusts/mi-comp-laws-555-24/

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