There is a newer version of the Michigan Compiled Laws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 556.124 - Suspension or postponement of vesting of future interests; time period.
POWERS OF APPOINTMENT ACT OF 1967 (EXCERPT)Act 224 of 1967
556.124 Suspension or postponement of vesting of future interests; time period.
Sec. 14.
The period during which the vesting of a future interest may be suspended or postponed by an instrument exercising a power begins in the case of an instrument exercising a general power presently exercisable, on the effective date of the instrument of exercise; and in all other situations, at the time of the creation of the power.
History: 1967, Act 224, Eff. Nov. 2, 1967
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