Michigan Compiled Laws § 125.1436 Trustee; Additional Powers.


125.1436 Trustee; additional powers.

Sec. 36.

The trustee, in addition to the powers granted in section 35, shall have and possess all of the powers necessary or appropriate for the exercise of any functions specifically set forth herein or incident to the general representation of bondholders or noteholders in the enforcement and protection of their rights.


History: 1966, Act 346, Eff. Mar. 10, 1967


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Last modified: October 10, 2016