Sec. 3504.
Unless restricted by the court, a supervised personal representative has, without an interim order approving exercise of a power, all the powers of a personal representative under this act, but shall not exercise the power to make a distribution of the estate without prior court order. Any other restriction on a supervised personal representative's power that the court orders must be endorsed on the letters of appointment. Unless a restriction is endorsed as provided in this section, the restriction is ineffective as to persons dealing in good faith with the personal representative.
History: 1998, Act 386, Eff. Apr. 1, 2000 Popular Name: EPIC
Structure Michigan Compiled Laws
Chapter 700 - Estates and Protected Individuals Code
Act 386 of 1998 - Estates and Protected Individuals Code (700.1101 - 700.8206)
Article III - Probate of Wills and Administration (700.3101...700.3988)
386-1998-III-5 - Part 5 Supervised Administration (700.3501...700.3505)
Section 700.3501 - Supervised Administration; Nature of Proceeding.
Section 700.3502 - Supervised Administration; Petition; Order.
Section 700.3503 - Supervised Administration; Effect on Other Proceedings.
Section 700.3504 - Supervised Administration; Powers of Personal Representative.
Section 700.3505 - Supervised Administration; Interim Orders; Partial Distribution or Other Relief.