PocketLaw | Michigan Compiled Laws | 78 of 1971 - Charitable Trustees

78 of 1971 - Charitable Trustees Powers Act (14.271 - 14.287)

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

Short Title.

Definitions.

Applicability of Act.

Trustee of Private Foundation or Split Interest Trust; Duties, and Powers Generally.

Tax Exemption, Deduction, or Credit; Distributions; Prohibited Conduct.

Split Interest Trust; Applicability of Section 14.275(3)(b) and (C).

Distributions; Trust Investment More Restrictive Than or Inconsistent With This Act; Notice to Attorney General.

Amendment of Trust Instrument.

Trustee; Relief From Restrictions of Trust Instrument.

Trustee; Release of Power to Select Charitable Donee.

Delivery of Release; Effect of Specifying Public Charitable Organization as Beneficiary.

Public Charitable Trust; Supervision by Specified Public Charitable Organization.

Filing Copy of Trust Instrument and Report With Specified Public Charitable Organization.

Effect of Delivery of Release and Acceptance Thereof; Supervisory Authority of Public Charitable Organization.

Termination or Dissolution of Private Foundation Trust; Consent of Attorney General.

Action to Enforce Act.

Interpretation of Act.