2006 Michigan Compiled Laws - Act 373 of 1925


GIFTS, GRANTS, BEQUESTS, AND DEVISES

Act 373 of 1925

AN ACT to relieve gifts, grants, devises and bequests, in trust or otherwise, for public welfare purposes, from the operation of all statutory and all common law rules of this state against perpetuities and restraint of alienation, to define said purposes, and to provide a rule of construction.


History: 1925, Act 373, Eff. Aug. 27, 1925




The People of the State of Michigan enact:

DocumentDescription
Section 554.381Public welfare purposes; validity of gifts and bequests.
Section 554.382Public welfare purposes; definition.

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