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Current as of January 01, 2025 | Updated by Findlaw Staff
Sec. 103. This act applies to all powers of attorney except the following:
(a) A power to the extent it is coupled with an interest in the subject of the power, including a power given to or for the benefit of a creditor in connection with a credit transaction.
(b) A patient advocate designation under section 5506 of the estates and protected individuals code, 1998 PA 386, MCL 700.5506.
(c) A delegation of a parent's or guardian's power regarding care, custody, or property of a minor child or ward under section 5103 of the estates and protected individuals code, 1998 PA 386, MCL 700.5103.
(d) A proxy or other delegation to exercise voting rights or management rights with respect to an entity.
(e) A power created on a form prescribed by a government or governmental subdivision, agency, or instrumentality for a governmental purpose.
Cite this article: FindLaw.com - Michigan Compiled Laws, Chapter 556. Powers of Appointment § 556.203 - last updated January 01, 2025 | https://codes.findlaw.com/mi/chapter-556-powers-of-appointment/mi-comp-laws-556-203/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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