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Administration of Trust; Duties of Trustee - Mich. Comp. Laws Section 700.7801

Legal Research Home > Michigan Laws > Estates And Protected Individuals Code > Administration of Trust; Duties of Trustee - Mich. Comp. Laws Section 700.7801

700.7801 Administration of trust; duties of trustee.

Sec. 7801.

Upon acceptance of a trusteeship, the trustee shall administer the trust in good faith, expeditiously, in accordance with its terms and purposes, for the benefit of the trust beneficiaries, and in accordance with this article.

History: Add. 2009, Act 46, Eff. Apr. 1, 2010
Popular Name: EPIC

Section: Previous 700.7703 700.7704 700.7705 700.7706 700.7707 700.7708 700.7709 700.7801 700.7802 700.7803 700.7808 700.7809 700.7810 700.7811 700.7812 Next

Last modified: March 17, 2013