Michigan Compiled Laws § 14.279 Trustee; Relief From Restrictions Of Trust Instrument.


14.279 Trustee; relief from restrictions of trust instrument.

Sec. 9.

This act does not affect the power of a court of competent jurisdiction for cause shown, upon petition of the trustee, attorney general or affected beneficiary and upon appropriate notice to the affected parties and the attorney general, to relieve a trustee from any restriction on his powers and duties that is placed upon him by the governing instrument to comply with the rules applicable to private foundations, to terminate the trust or to convert to a public charitable organization.


History: 1971, Act 78, Imd. Eff. July 31, 1971


Section: Previous  14.272  14.273  14.274  14.275  14.276  14.277  14.278  14.279  14.280  14.281  14.282  14.283  14.284  14.285  14.286  Next

Last modified: October 10, 2016