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2021 Michigan Compiled Laws
Chapter 700 - Estates and Protected Individuals Code
Act 386 of 1998 - Estates and Protected Individuals Code (700.1101 - 700.8206)
Article VII - Michigan Trust Code (700.7101...700.7913)
386-1998-VII-7 - Part 7 Office of Trustee (700.7701...700.7709)
- Section 700.7701 - Acceptance or Rejection of Trusteeship.
- Section 700.7702 - Trustee's Bond.
- Section 700.7703 - Cotrustees; Powers and Duties; Relief of Liability.
- Section 700.7703a - Rules of Construction; Nonfiduciary Powers Under a Trust; Power of Direction to Trust Director; Duties and Limitations of Trust Director and Trustee; Liability; Applicability of Rules to Trusteeship; Definitions.
- Section 700.7703b - Separate Trustees Provision; Trust Instrument; Duties and Powers; Liability; Definitions.
- Section 700.7704 - Vacancy in Trusteeship; Manner of Filling; Priority; Appointment by Court of Additional Trustee or Fiduciary; Definitions.
- Section 700.7705 - Resignation of Trustee; Circumstances; Issuance of Orders and Conditions; Liability.
- Section 700.7706 - Removal of Trustee.
- Section 700.7707 - Delivery of Property by Former Trustee.
- Section 700.7708 - Compensation of Trustee.
- Section 700.7709 - Reimbursement of Expenses; Advance of Money as Lien; Advances and Reimbursement Not as Self-Dealing or Breach of Fiduciary Duty.
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