Sec. 12.
A trustee of a trust for the benefit of a public charitable organization, with the consent of such organization, may come under subsection (2) of section 11 by filing an election, accompanied by the consent, with the attorney general. Thereafter, the trust is subject to subsection (2) of section 11 and section 13.
History: 1971, Act 78, Imd. Eff. July 31, 1971
Last modified: October 10, 2016