There is a newer version of the Michigan Compiled Laws
2010 Michigan Compiled Laws
Chapter 556 - POWERS OF APPOINTMENT
Act 224 of 1967 - POWERS OF APPOINTMENT ACT OF 1967 (556.111 - 556.133)
Section 556.113 - Powers of appointment; creation; donors, qualifications.
POWERS OF APPOINTMENT ACT OF 1967 (EXCERPT)Act 224 of 1967
556.113 Powers of appointment; creation; donors, qualifications.
Sec. 3.
(1) A power may be created by any creating instrument which is executed in the manner required by law for that instrument.
(2) The donor of a power must be a person capable of transferring the interest in property to which the power relates and having a transferable interest in such property.
History: 1967, Act 224, Eff. Nov. 2, 1967
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