MCL - Section 555.23

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Chapter 555
R.S. of 1846
R-S-1846-555-1-63
R-S-1846-555-1-63-USES-AND-TRUSTS.
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Revised Statutes of 1846 (EXCERPT)
USES AND TRUSTS.


555.23 Express trust; termination of estate of trustee.

Sec. 23.

     When the purposes for which an express trust shall have been created, shall have ceased, the estate of the trustee shall also cease.


History: R.S. 1846, Ch. 63 ;-- CL 1857, 2653 ;-- CL 1871, 4136 ;-- How. 5585 ;-- CL 1897, 8851 ;-- CL 1915, 11587 ;-- CL 1929, 12989 ;-- CL 1948, 555.23