Duties of Fiduciary in Interest of Beneficiaries.

  1. Law
  2. Michigan Compiled Laws
  3. Estates and Protected Individuals Code
  4. 386 of 1998 - Estates and Protected Individuals Code (700.1101 - 700.8206)
  5. Definitions, General Provisions, and Court Jurisdiction (700.1101...700.1512)
  6. Part 5 Prudent Investor Rule (700.1501...700.1512)
  7. Duties of Fiduciary in Interest of Beneficiaries.

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Sec. 1506.

A fiduciary shall invest and manage fiduciary assets solely in the interest of the beneficiaries.

History: 1998, Act 386, Eff. Apr. 1, 2000
Popular Name: EPIC


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