Sec. 7501.
This part applies to a creditor's or transferee's claims with respect to spendthrift, support, and discretionary trusts.
History: 1998, Act 386, Eff. Apr. 1, 2000 ;-- Am. 2000, Act 54, Eff. Apr. 1, 2000 ;-- Am. 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)
Section 700.7501 - Application; Purposes.
Section 700.7502 - Spendthrift Provision.
Section 700.7503 - Trust for Support.
Section 700.7504 - Spendthrift Provision or Support Provision; Exceptions; "Child" Defined.
Section 700.7505 - Discretionary Trust; Effect of Standard; Right of Transferee or Creditor.
Section 700.7506 - Creditor's Claim Against Settlor; "Settlor" Explained.
Section 700.7507 - Overdue Distribution; "Mandatory Distribution" Defined.
Section 700.7508 - Personal Obligations of Trustee.
Section 700.7509-700.7511 - Repealed. 2009, Act 46, Eff. Apr. 1, 2010.