MCL - 159-2004-1
Act 159 of 2004
| Document | Type | Description |
|---|---|---|
| Section 555.501 | Section | Short title. |
| Section 555.502 | Section | Definitions. |
| Section 555.503 | Section | Duties of fiduciary; allocation of receipts and disbursements to or between principal and income; discretionary power; impartiality. |
| Section 555.504 | Section | Adjustment between principal and income; factors; policy; circumstances prohibiting adjustment; exercise of power by cofiduciary; release of or limitation on power to adjust. |
| Section 555.505 | Section | Exercise of discretionary power by fiduciary; limitation on court to order; decision; petition; burden of proof. |