224 of 1967 - Powers of Appointment Act of 1967 (556.111 - 556.133)

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  2. Michigan Compiled Laws
  3. Powers of Appointment
  4. 224 of 1967 - Powers of Appointment Act of 1967 (556.111 - 556.133)

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Section
556.111

Powers of Appointment Act; Short Title.

Section
556.112

Powers of Appointment Act; Definitions.

Section
556.113

Powers of Appointment; Creation; Donors, Qualifications.

Section
556.114

Manifestation of Intent to Exercise.

Section
556.115

Methods by Which Powers May Be Exercised by Donees.

Section
556.115a

Second Trust.

Section
556.116

Interests Appointable by General Powers; Part of Donee's Estate.

Section
556.117

Naming Appointees by Donees of Powers.

Section
556.118

Release of Powers; Method; Delivery.

Section
556.119

Creation, Exercise and Release of Powers; Irrevocability.

Section
556.120

Contracts of Donees of Powers to Make Appointments; Remedies.

Section
556.121

Instruments Relating to Powers to Appoint Interests in Land; Recording as Conveyances.

Section
556.122

Special Power; Passing on Donee's Default.

Section
556.123

General Powers; Creditors' Rights in Appointable Interests.

Section
556.124

Suspension or Postponement of Vesting of Future Interests; Time Period; Definitions.

Section
556.125

Suspension or Postponement of Vesting of Future Interests; Time Period When Trust Creator Reserves Power to Amend or Revoke.

Section
556.126

Postponement of Vesting of Future Interests; Law Determining Period.

Section
556.127

Postponement of Vesting of Future Interests; Facts and Circumstances to Be Considered.

Section
556.128

Reserved Power of Revocation; Effect on Creditors and Purchasers.

Section
556.129

Law Applicability; Construction of Act.

Section
556.130

Death of Appointee Prior to Exercise of Power.

Section
556.131

Membership of Class; Determination; After Born Members.

Section
556.132

Applicability of Act.

Section
556.133

Repeal.