There Is a Newer Version
of
the Michigan Compiled Laws
2012 Michigan Compiled Laws
Chapter 556 — POWERS OF APPOINTMENT
Act 224 of 1967 — POWERS OF APPOINTMENT ACT OF 1967 (556.111 - 556.133)
- Section 556.111 — Powers of appointment act; short title.
- Section 556.112 — Powers of appointment act; definitions.
- Section 556.113 — Powers of appointment; creation; donors, qualifications.
- Section 556.114 — Manifestation of intent to exercise.
- Section 556.115 — Methods by which powers may be exercised by donees.
- Section 556.116 — Interests appointable by general powers; part of donee's estate.
- Section 556.117 — Naming appointees by donees of powers.
- Section 556.118 — Release of powers; method; delivery.
- Section 556.119 — Creation, exercise and release of powers; irrevocability.
- Section 556.120 — Contracts of donees of powers to make appointments; remedies.
- Section 556.121 — Instruments relating to powers to appoint interests in land; recording as conveyances.
- Section 556.122 — Special power; passing on donee's default.
- Section 556.123 — General powers; creditors' rights in appointable interests.
- Section 556.124 — Suspension or postponement of vesting of future interests; time period.
- Section 556.125 — Suspension or postponement of vesting of future interests; time period when trust creator reserves power to amend or revoke.
- Section 556.126 — Postponement of vesting of future interests; law determining period.
- Section 556.127 — Postponement of vesting of future interests; facts and circumstances to be considered.
- Section 556.128 — Reserved power of revocation; effect on creditors and purchasers.
- Section 556.129 — Law applicability; construction of act.
- Section 556.130 — Death of appointee prior to exercise of power; nonlapse of appointment.
- Section 556.131 — Membership of class; determination; after born members.
- Section 556.132 — Applicability of act.
- Section 556.133 — Repeal.
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