Section 554.62 Specified Contingency; Termination Right; Limitation Period.

MI Comp L § 554.62 (2019) (N/A)
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Sec. 2.

If the specified contingency does not occur within 30 years after the terminable interest is created, the right of termination by reason of the specified contingency shall be unenforceable.

History: 1968, Act 13, Imd. Eff. Mar. 29, 1968