Michigan Compiled Laws
386-1998-VII-8 - Part 8 Duties and Powers of Trustee (700.7801...700.7821)
Section 700.7812 - Enforcement and Defense of Claims.

Sec. 7812.
A trustee shall take reasonable steps to enforce claims of the trust and to defend claims against the trust.
History: Add. 2009, Act 46, Eff. Apr. 1, 2010 Popular Name: EPIC

Structure Michigan Compiled Laws

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-8 - Part 8 Duties and Powers of Trustee (700.7801...700.7821)

Section 700.7801 - Administration of Trust; Duties of Trustee.

Section 700.7802 - Duty of Loyalty.

Section 700.7803 - Impartiality; Use of Standards of Michigan Prudent Investor Rule.

Section 700.7808 - Settlor's Power to Direct Contrary to Trust Terms.

Section 700.7809 - Repealed. 2018, Act 664, Eff. Mar. 29, 2019.

Section 700.7810 - Control and Protection of Trust Property.

Section 700.7811 - Recordkeeping and Identification of Trust Property.

Section 700.7812 - Enforcement and Defense of Claims.

Section 700.7813 - Duty to Locate Trust Property and Compel Delivery; Retention of Reserve for Payment of Expenses; Improper Distribution or Payment From Trust; Wrongful Conversion.

Section 700.7814 - Duty to Inform and Report.

Section 700.7815 - Discretionary Powers; Abuse; Liability to Beneficiary; Rules; Effect of Limited or Prohibited Powers; Exceptions.

Section 700.7816 - General Powers of Trustee.

Section 700.7817 - Specific Powers of Trustee.

Section 700.7818 - Environmental Concerns or Hazards; Powers of Trustee.

Section 700.7819 - Tax Matters; Powers of Trustee.

Section 700.7820 - Payment Provisions; Facility.

Section 700.7820a - Irrevocable Trust Including Discretionary Trust Provision; Distribution; Definitions.

Section 700.7821 - Distribution Upon Termination.