Mich. Admin. Code R. 440.305

Current through Vol. 24-10, June 15, 2024
Section R. 440.305 - Trusts

Rule 305.

(1) If the trust is named in its organic documents, its full legal name, as set forth in the documents, is entered in the UCC information management system as an organization under R 440.303.
(2) If the trust is not named in its organic documents, then the name of the settlor is used as the trust name and entered into the UCC information management system in the following manner:
(a) If the settlor is indicated to be an organization, then the name is entered as an organization name under R 440.303.
(b) If the settlor is indicated to be an individual, then the name is entered as an individual name under R 440.302.

Mich. Admin. Code R. 440.305

2002 MR 21, Eff. Nov. 20, 2002