Michigan Compiled Laws § 555.18 Express Trust; Undisposed Estate Or Interest.

555.18 Express trust; undisposed estate or interest.

Sec. 18.

When an express trust is created, every estate and interest not embraced in the trust, and not otherwise disposed of, shall remain in, or revert to the person creating the trust, or his heirs as a legal estate.

History: R.S. 1846, Ch. 63 ;-- CL 1857, 2648 ;-- CL 1871, 4131 ;-- How. 5580 ;-- CL 1897, 8846 ;-- CL 1915, 11582 ;-- CL 1929, 12984 ;-- CL 1948, 555.18

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Last modified: October 10, 2016