Sec. 7113.
A provision in a trust that purports to penalize an interested person for contesting the trust or instituting another proceeding relating to the trust shall not be given effect if probable cause exists for instituting a proceeding contesting the trust or another proceeding relating to the trust.
History: Add. 2009, Act 46, Eff. Apr. 1, 2010 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 VII - Michigan Trust Code (700.7101...700.7913)
386-1998-VII-1 - Part 1 General Provisions and Definitions (700.7101...700.7114)
Section 700.7101 - Short Title of Article.
Section 700.7103 - Definitions.
Section 700.7104 - Notice or Knowledge of Fact.
Section 700.7105 - Duties and Powers of Trustee; Provisions of Law Prevailing Over Terms of Trust.
Section 700.7107 - Governing Law.
Section 700.7108 - Principal Place of Administration.
Section 700.7109 - Notice; Methods; Waiver.
Section 700.7110 - Others Treated as Qualified Beneficiaries.
Section 700.7111 - Nonjudicial Settlement Agreement.
Section 700.7112 - Rules of Construction.
Section 700.7113 - Penalty Clause for Contest of Trust.
Section 700.7114 - Trustee Having Insurable Interest Under Life Insurance Policy; Conditions.