There is a newer version of the Michigan Compiled Laws
2010 Michigan Compiled Laws
Chapter 554 - REAL AND PERSONAL PROPERTY
Act 148 of 2008 - PERSONAL PROPERTY TRUST PERPETUITIES ACT (554.91 - 554.94)
Section 554.94 - Applicability of act to certain personal property.
PERSONAL PROPERTY TRUST PERPETUITIES ACT (EXCERPT)Act 148 of 2008
554.94 Applicability of act to certain personal property.
Sec. 4.
This act applies only to a nonvested interest in, or power of appointment over, personal property held in a trust that is either revocable on, or created after, the effective date of this act.
History: 2008, Act 148, Imd. Eff. May 28, 2008
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