2010 Michigan Compiled Laws
SUPERVISION OF TRUSTEES FOR CHARITABLE PURPOSES ACT (EXCERPT)
Chapter 14 - ATTORNEY GENERAL
Act 101 of 1961 - SUPERVISION OF TRUSTEES FOR CHARITABLE PURPOSES ACT (14.251 - 14.266)
Section 14.252 - Definitions.
Act 101 of 1961
(a) “Trustee” means any individual, group of individuals, association, foundation, trustee corporation, corporation, or other legal entity holding property for any charitable purpose.
(b) “Charitable trust” means the relationship where a trustee holds property for a charitable purpose.
History: 1961, Act 101, Eff. Sept. 8, 1961 ;-- Am. 1965, Act 353, Eff. Mar. 31, 1966
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