Chapter 555. Uses and Trusts
Of Uses and Trusts
- MCL 555.1 Uses and Trusts; Extent of Abolition; Interests Deemed Legal
- MCL 555.2 Executed Use Confirmed As Legal Estate
- MCL 555.3 Right to Possession Deemed Legal Estate
- MCL 555.4 Right to Possession Deemed Legal Estate; Effect On Existing Active Trust
- MCL 555.5 Passive Trust; Disposition of Lands, Trustee Interest
- MCL 555.6 Constructive, Resulting Or Express Trusts; Preceding Sections Effect
- MCL 555.7 Payment of Consideration For Conveyance to Another; Resulting Trust, Alienee Title
- MCL 555.8 Payment of Consideration For Conveyance to Another; Presumption As Fraudulent; Resulting Trust For Creditors of Payee
- MCL 555.9 Payment of Consideration For Conveyance to Another; Fraudulent Alienee Exemption
- MCL 555.10 Implied Or Resulting Trust; Validity Against Bona Fide Purchaser
- MCL 555.11 Express Trust; Purpose of Creation
- MCL 555.12 Devise to Trustee Without Power to Receive Rents and Profits; Estate of Trustee; Effect On Trust
- MCL 555.13 Rents and Profits; Liability of Surplus to Claims of Creditors of Beneficiary
- MCL 555.14 Express Trust For Unauthorized Purpose; Estate of Trustee; Power In Trust
- MCL 555.15 Trust As Valid Power; Land Descent
- MCL 555.16 Express Trust; Beneficiary, Trustee Estates, Beneficiary Right
- MCL 555.17 Express Trust; Disposal of Land In Event of Failure Or Termination of Trust
- MCL 555.18 Express Trust; Undisposed Estate Or Interest
- MCL 555.19 Express Trust; Assignability of Interest of Beneficiary
- MCL 555.20 Express Trust; Omission From Conveyance; Validity As to Subsequent Creditor and Bona Fide Purchaser From Trustee
- MCL 555.21 Express Trust; Mention In Instrument; Invalidity of Certain Acts of Trustee
- MCL 555.22 Authorized Payment to Trustee; Protection of Payor
- MCL 555.23 Express Trust; Termination of Estate of Trustee
- MCL 555.24 Express Trust; Death of All Trustees; Execution of Trust
- MCL 555.25 Express Trust; Trustee Resignation
- MCL 555.26 Express Trust; Trustee Removal
- MCL 555.27 Express Trust; Appointment of New Trustee
- MCL 555.28 Conflicting Provisions
The Revised Uniform Principal and Income Act
Irrevocable Inter Vivos Trust Instruments
Common Trust Funds
- MCL 555.101 Short Title; Definitions
- MCL 555.102 Funds; Financial Institution May Establish, Maintain, and Administer
- MCL 555.103 Funds; Financial Institution May Invest As Fiduciary
- MCL 555.104 Funds; Establishment and Maintenance of Plan; Provisions; Availability For Inspection
- MCL 555.104a Audit; Financial Report; Contents; Items to Be Excluded From Report; Availability; Advertising Common Trust Fund
- MCL 555.105 Common Trust Funds; Funds Investment
- MCL 555.105a Interest In Fund Other Than Fiduciary; Prohibition; Restrictions
- MCL 555.106 Common Trust Funds; Participation; Certificate
- MCL 555.107 Common Trust Funds; Management; Control; Ownership
- MCL 555.108 Common Trust Funds; Assets Valuation; Admission and Withdrawal; Basis; Distribution
- MCL 555.109 Common Trust Funds; Management Fee; Expenses
- MCL 555.110 Common Trust Funds; Mistakes In Administration; Effect
- MCL 555.111 Common Trust Funds; Rules Regulating Administration
- MCL 555.112 Common Trust Funds; Additional Investments
- MCL 555.113 Common Trust Funds; Court Accountings; Jurisdiction of Probate Court
Trust Fund Investments
Corporate Fiduciary Stockholders
- MCL 555.441 Corporation As Fiduciary Or Co-Fiduciary Holding Stock Or Securities In Name of Nominee; Consent of Co-Fiduciary; Endorsement of Certificate
- MCL 555.442 Acts of Nominee, Federal Reserve Bank, and Clearing Corporation Deemed Acts of Corporation Acting As Fiduciary
- MCL 555.443 Records of Corporation to Show Ownership of Stock Or Other Securities Held By Corporation As Fiduciary; Manner of Keeping Stocks and Other Securities Separate From Assets of Corporation
- MCL 555.444 Deposit of Securities With Federal Reserve Bank; Crediting Deposit; Designating Fiduciary Account; Records to Show Ownership of Securities Held In Account; Transfer of Securities
- MCL 555.445 Deposit of Securities In Clearing Corporation, Bank, Or Trust Company; Deposit of Securities By Clearing Corporation, Bank, Or Trust Company In Another Clearing Corporation, Bank, Or Trust Company; Evidence of Safety of Securities; Merging Certificates; Holding Certificates In Bulk; Transfer of Securities; Approval of Commissioner
- MCL 555.446 Rules
- MCL 555.447 Applicability of Amendatory Act
Uniform Testamentary Additions to Trusts Act