MCL - 159-2004-4
Act 159 of 2004
| Document | Type | Description |
|---|---|---|
| Section 555.801 | Section | “Entity” defined; allocation to income money received; allocation of receipts to principal; money received in partial liquidation; limitation; statement by entity on source or character of distribution. |
| Section 555.802 | Section | Income; principal; allocation of amounts received as distributions from trust or purchased interest. |
| Section 555.803 | Section | Separate accounting for business or other activity. |
| Section 555.804 | Section | Principal; allocations. |
| Section 555.805 | Section | Receipts from rental property. |
| Section 555.806 | Section | Interest received; allocation to income; proceeds of sale; allocation to principal. |
| Section 555.807 | Section | Life insurance proceeds; other contracts; allocations. |
| Section 555.808 | Section | Insubstantial allocation. |
| Section 555.809 | Section | Definitions; payment allocation. |
| Section 555.810 | Section | Liquidating asset; allocation of receipts. |
| Section 555.811 | Section | Receipts from minerals, water, or other natural resources; allocations. |
| Section 555.812 | Section | Net receipts from sale of timber; allocations. |
| Section 555.813 | Section | Marital deduction; insufficient income from or use of trust assets; actions to be taken by trustee. |
| Section 555.814 | Section | Derivative transactions; gain or loss realized from exercise of option; allocations. |
| Section 555.815 | Section | Asset-backed security; allocation of payments. |