Michigan Compiled Laws § 700.7801 Administration Of Trust; Duties Of Trustee.

700.7801 Administration of trust; duties of trustee.

Sec. 7801.

Upon acceptance of a trusteeship, the trustee shall administer the trust in good faith, expeditiously, in accordance with its terms and purposes, for the benefit of the trust beneficiaries, and in accordance with this article.

History: Add. 2009, Act 46, Eff. Apr. 1, 2010
Popular Name: EPIC

Section: 700.7801  700.7802  700.7803  700.7808  700.7809  700.7810  700.7811  700.7812  700.7813  700.7814  700.7815  700.7816  700.7817  700.7818  700.7819  Next

Last modified: October 10, 2016