AN ACT relative to the validity, duration and effectiveness of certain trusts of any property created by an employer as part of a stock bonus plan, pension plan, disability or death benefit plan, or profit-sharing plan; and to permit the accumulation of the income arising from such trusts.
History: 1947, Act 193, Eff. Oct. 11, 1947 ;-- Am. 1951, Act 61, Eff. Sept. 28, 1951