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U.S. State Codes
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Michigan
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Chapter 555 - Uses and Trusts
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Act 159 of 2004 Uniform Pri...
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Article 1 - (555.501...555.505)
Article 1 - (555.501...555.505)
Section 555.501 Short Title.
Section 555.502 Definitions.
Section 555.503 Duties of Fiduciary; Allocation of Receipts and Disbursements to or Between Principal and Income; Discretionary Power; Impartiality.
Section 555.504 Adjustment Between Principal and Income; Factors; Policy; Circumstances Prohibiting Adjustment; Exercise of Power by Cofiduciary; Release of or Limitation on Power to Adjust.
Section 555.505 Exercise of Discretionary Power by Fiduciary; Limitation on Court to Order; Decision; Petition; Burden of Proof.