MCL - R-S-1846-555-1-63-USES-AND-TRUSTS.

Revised Statutes of 1846 (EXCERPT)
R.S. of 1846
USES AND TRUSTS.
Document Type Description
Section 555.1 Section Uses and trusts; extent of abolition; interests deemed legal.
Section 555.2 Section Executed use confirmed as legal estate.
Section 555.3 Section Right to possession deemed legal estate.
Section 555.4 Section Right to possession deemed legal estate; effect on existing active trust.
Section 555.5 Section Passive trust; disposition of lands, trustee interest.
Section 555.6 Section Constructive, resulting or express trusts; preceding sections effect.
Section 555.7 Section Payment of consideration for conveyance to another; resulting trust, alienee title.
Section 555.8 Section Payment of consideration for conveyance to another; presumption as fraudulent; resulting trust for creditors of payee.
Section 555.9 Section Payment of consideration for conveyance to another; fraudulent alienee exemption.
Section 555.10 Section Implied or resulting trust; validity against bona fide purchaser.
Section 555.11 Section Express trust; purpose of creation.
Section 555.12 Section Devise to trustee without power to receive rents and profits; estate of trustee; effect on trust.
Section 555.13 Section Rents and profits; liability of surplus to claims of creditors of beneficiary.
Section 555.14 Section Express trust for unauthorized purpose; estate of trustee; power in trust.
Section 555.15 Section Trust as valid power; land descent.
Section 555.16 Section Express trust; beneficiary, trustee estates, beneficiary right.
Section 555.17 Section Express trust; disposal of land in event of failure or termination of trust.
Section 555.18 Section Express trust; undisposed estate or interest.
Section 555.19 Section Express trust; assignability of interest of beneficiary.
Section 555.20 Section Express trust; omission from conveyance; validity as to subsequent creditor and bona fide purchaser from trustee.
Section 555.21 Section Express trust; mention in instrument; invalidity of certain acts of trustee.
Section 555.22 Section Authorized payment to trustee; protection of payor.
Section 555.23 Section Express trust; termination of estate of trustee.
Section 555.24 Section Express trust; death of all trustees; execution of trust.
Section 555.25 Section Express trust; trustee resignation.
Section 555.26 Section Express trust; trustee removal.
Section 555.27 Section Express trust; appointment of new trustee.
Section 555.28 Section Conflicting provisions.