Mich. Comp. Laws § 14.279

Current through Public Act 57 of the 2024 Legislative Session
Section 14.279 - Trustee; relief from restrictions of trust instrument

This act does not affect the power of a court of competent jurisdiction for cause shown, upon petition of the trustee, attorney general or affected beneficiary and upon appropriate notice to the affected parties and the attorney general, to relieve a trustee from any restriction on his powers and duties that is placed upon him by the governing instrument to comply with the rules applicable to private foundations, to terminate the trust or to convert to a public charitable organization.

MCL 14.279

1971, Act 78, Imd. Eff. 7/31/1971.