Michigan Compiled Laws § 700.1512 Application To Existing Fiduciary Estates.

700.1512 Application to existing fiduciary estates.

Sec. 1512.

The Michigan prudent investor rule applies to a fiduciary estate that exists on or is created after this act's effective date. As applied to a fiduciary estate that exists on this act's effective date, the Michigan prudent investor rule governs only a decision or action that occurs after that date.

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

Section: Previous  700.1501  700.1502  700.1503  700.1504  700.1505  700.1506  700.1507  700.1508  700.1509  700.1510  700.1511  700.1512  

Last modified: October 10, 2016