Sec. 17.
This act shall be interpreted to effectuate the intent of this state to preserve, foster and encourage gifts to or for the benefit of public charitable organizations.
History: 1971, Act 78, Imd. Eff. July 31, 1971
Structure Michigan Compiled Laws
Act 78 of 1971 - Charitable Trustees Powers Act (14.271 - 14.287)
Section 14.273 - Applicability of Act.
Section 14.275 - Tax Exemption, Deduction, or Credit; Distributions; Prohibited Conduct.
Section 14.276 - Split Interest Trust; Applicability of Section 14.275(3)(b) and (C).
Section 14.278 - Amendment of Trust Instrument.
Section 14.279 - Trustee; Relief From Restrictions of Trust Instrument.
Section 14.280 - Trustee; Release of Power to Select Charitable Donee.
Section 14.282 - Public Charitable Trust; Supervision by Specified Public Charitable Organization.