Michigan Compiled Laws
Article VII - Michigan Trust Code (700.7101...700.7913)
386-1998-VII-4 - Part 4 Creation, Validity, Modification, and Termination of Trust (700.7401...700.7417)

Section 700.7401 - Creating Trust; Methods. - Sec. 7401. (1) A trust may be created by any...

Section 700.7402 - Creating Trust; Requirements. - Sec. 7402. (1) A trust is created only if all...

Section 700.7403 - Trusts Created in Other Jurisdictions. - Sec. 7403. A trust not created by will is validly...

Section 700.7404 - Trust Purposes. - Sec. 7404. A trust may be created only to the...

Section 700.7405 - Charitable Trusts; Purposes; Enforcement. - Sec. 7405. (1) A charitable trust may be created for...

Section 700.7406 - Creation of Trust Induced by Fraud, Duress, or Undue Influence. - Sec. 7406. A trust is void to the extent its...

Section 700.7407 - Evidence of Oral Trust. - Sec. 7407. Except as required by a statute other than...

Section 700.7408, 700.7409 - Repealed. 2009, Act 46, Eff. Apr. 1, 2010. - History: The repealed sections pertained to trustee authority regarding tax...

Section 700.7410 - Modification or Termination of Trust; Procedures for Approval or Disapproval. - Sec. 7410. (1) In addition to the methods of termination...

Section 700.7411 - Modification or Termination of Noncharitable Trust; Consent; "Settlor's Representative" Defined. - Sec. 7411. (1) Subject to subsection (2), a noncharitable irrevocable...

Section 700.7412 - Modification or Termination of Trust; Unanticipated Circumstances or Inability to Administer Effectively. - Sec. 7412. (1) The court may modify the administrative terms...

Section 700.7413 - Cy Pres. - Sec. 7413. (1) Except as otherwise provided in subsections (2)...

Section 700.7414 - Termination or Modification of Noncharitable Trust; Section Inapplicable to Easement for Conservation or Preservation. - Sec. 7414. (1) After 63 days after notice to the...

Section 700.7415 - Reformation to Correct Mistakes. - Sec. 7415. The court may reform the terms of a...

Section 700.7416 - Modification to Achieve Settlor's Tax Objectives; Retroactive Effect. - Sec. 7416. To achieve the settlor's tax objectives, the court...

Section 700.7417 - Division or Consolidation of Trusts. - Sec. 7417. (1) After notice to the qualified trust beneficiaries...