PocketLaw | Michigan Compiled Laws | 101 of 1961 - Supervision of

101 of 1961 - Supervision of Trustees for Charitable Purposes Act (14.251 - 14.266)

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Charitable Trusts; Supervision; Application of Act.

Definitions.

Governmental and Corporate Exclusions; Exceptions; Registration and Reporting Requirements for Irrevocable Trusts; Testamentary or Inter Vivos Trusts Not Deemed as Charitable.

Attorney General; Jurisdiction and Control; Parties Represented; Powers and Duties; Probate of Will; Notice; Procedures; Register of Trusts and Trustees.

Filing of Trust Instrument and Inventory of Assets; Time.

Audit Report; Trustee's Report; Distribution of Assets; Hearing; Notice to Attorney General; Approval; Rules; Reports; Suspension; Trustee's Account; First Report.

Rules and Regulations by Attorney General.

Investigation of Transactions.

Order for Appearance; Enforcement.

Register, Copies of Instruments and Reports; Public Inspection.

Enforcement to Ensure Compliance With Act; Proper Accounting; Jurisdiction of Courts.

Application of Act Irrespective of Contents of Instrument.

Custodians of Public Records; Copies of Instruments.

Applications for Exemption From Taxation; Filing of List With Attorney General.

Purpose and Construction of Act.

Short Title.