Evidence of Oral Trust.

  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. Michigan Trust Code (700.7101...700.7913)
  6. Part 4 Creation, Validity, Modification, and Termination of Trust (700.7401...700.7417)
  7. Evidence of Oral Trust.

Checkout our iOS App for a better way to browser and research.

Sec. 7407.

Except as required by a statute other than this article, a trust need not be evidenced by a trust instrument, but the creation of an oral trust and its terms may be established only by clear and convincing evidence.

History: 1998, Act 386, Eff. Apr. 1, 2000 ;-- Am. 2009, Act 46, Eff. Apr. 1, 2010
Popular Name: EPIC


Download our app to see the most-to-date content.