Trust Purposes.
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Law
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Michigan Compiled Laws
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Estates and Protected Individuals Code
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386 of 1998 - Estates and Protected Individuals Code (700.1101 - 700.8206)
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Michigan Trust Code (700.7101...700.7913)
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Part 4 Creation, Validity, Modification, and Termination of Trust (700.7401...700.7417)
- Trust Purposes.
Sec. 7404.
A trust may be created only to the extent its purposes are lawful, not contrary to public policy, and possible to achieve.
History: 1998, Act 386, Eff. Apr. 1, 2000 ;-- Am. 2009, Act 46, Eff. Apr. 1, 2010
Popular Name: EPIC
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