Michigan Compiled Laws § 700.1508 Investment Costs.

700.1508 Investment costs.

Sec. 1508.

In investing and managing fiduciary assets, a fiduciary may only incur costs that are appropriate and reasonable in relation to the assets, the purposes of the fiduciary estate, and the skills of the fiduciary.

History: 1998, Act 386, Eff. Apr. 1, 2000
Popular Name: EPIC

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Last modified: October 10, 2016