Michigan Compiled Laws § 38.2747 Correction Of Error By Trustees.

38.2747 Correction of error by trustees.

Sec. 17.

If a change or error in any records of the trust results in a member, past member, or his or her dependent paying into or receiving from the trust more or less than the member, past member, or his or her dependent should have paid or would have been entitled to receive had the records been correct, the trustees shall correct the error and, as far as practicable, shall incrementally adjust future payments to correct for the change or error.

History: 2010, Act 77, Imd. Eff. May 19, 2010

Section: Previous  38.2734  38.2735  38.2736  38.2737  38.2738  38.2739  38.2740  38.2740a  38.2741  38.2742  38.2743  38.2744  38.2745  38.2747  

Last modified: October 10, 2016