(555.801...555.815)

  1. Law
  2. Michigan Compiled Laws
  3. Uses and Trusts
  4. 159 of 2004 - Uniform Principal and Income Act (555.501 - 555.1006)
  5. (555.801...555.815)

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Section
555.801

“Entity” Defined; Allocation to Income Money Received; Allocation of Receipts to Principal; Money Received in Partial Liquidation; Limitation; Statement by Entity on Source or Character of Distribution.

Section
555.802

Income; Principal; Allocation of Amounts Received as Distributions From Trust or Purchased Interest.

Section
555.803

Separate Accounting for Business or Other Activity.

Section
555.804

Principal; Allocations.

Section
555.805

Receipts From Rental Property.

Section
555.806

Interest Received; Allocation to Income; Proceeds of Sale; Allocation to Principal.

Section
555.807

Life Insurance Proceeds; Other Contracts; Allocations.

Section
555.808

Insubstantial Allocation.

Section
555.809

Definitions; Payment Allocation.

Section
555.810

Liquidating Asset; Allocation of Receipts.

Section
555.811

Receipts From Minerals, Water, or Other Natural Resources; Allocations.

Section
555.812

Net Receipts From Sale of Timber; Allocations.

Section
555.813

Marital Deduction; Insufficient Income From or Use of Trust Assets; Actions to Be Taken by Trustee.

Section
555.814

Derivative Transactions; Gain or Loss Realized From Exercise of Option; Allocations.

Section
555.815

Asset-Backed Security; Allocation of Payments.