MCL - Act 38 of 1949


RULE AGAINST PERPETUITIES

Act 38 of 1949

AN ACT concerning perpetuities and the suspension of the absolute power of alienation with respect to interests in real property, making uniform the law as to real and personal property; and repealing sections 14, 15, 16, 17, 18, 19, 20 and 23 of chapter 62 of the Revised Statutes of 1846, being sections 554.14, 554.15, 554.16, 554.17, 554.18, 554.19, 554.20 and 554.23, respectively, of the Compiled Laws of 1948.


History: 1949, Act 38, Eff. Sept. 23, 1949




The People of the State of Michigan enact:
Document Type Description
Section 554.51 Section Rule against perpetuities; applicability; uniformity.
Section 554.52 Section Sections repealed.
Section 554.53 Section Applicability of act to nonvested property interests.