MCL - Act 418 of 1988
AN ACT to adopt the uniform statutory rule against perpetuities.
History: 1988, Act 418, Imd. Eff. Dec. 27, 1988
| Document | Type | Description |
|---|---|---|
| Section 554.71 | Section | Short title. |
| Section 554.72 | Section | Nonvested property interest; general power of appointment, nongeneral power of appointment, or general testamentary power of appointment; validity; language measuring time period from creation of trust or other property arrangement. |
| Section 554.73 | Section | Nonvested property interest or power of appointment; time of creation. |
| Section 554.74 | Section | Reforming disposition; petition. |
| Section 554.75 | Section | Applicability of MCL 554.72; "second power" defined. |
| Section 554.76 | Section | Nonvested property interest or power of appointment to which act applicable; violation of rule against perpetuities; reforming disposition. |
| Section 554.77 | Section | Application and construction of act. |
| Section 554.78 | Section | Conditional effective date. |