There is a newer version
of
this Section
2020 Michigan Compiled Laws
Chapter 554 - Real and Personal Property
Act 38 of 1949 Rule Against Perpetuities (554.51 - 554.53)
Section 554.53 Applicability of Act to Nonvested Property Interests.
Universal Citation: MI Comp L § 554.53 (2020)
554.53 Applicability of act to nonvested property interests.
Sec. 3.
This act applies only to nonvested property interests created after September 23, 1949. Unless as otherwise provided by statute, this act shall not apply to nonvested property interests created on or after the effective date of the uniform statutory rule against perpetuities.
History: 1949, Act 38, Eff. Sept. 23, 1949 ;-- Am. 1988, Act 417, Imd. Eff. Dec. 27, 1988
Disclaimer: These codes may not be the most recent version. Michigan may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.
