Mich. Comp. Laws § 700.1507

Current through Public Act 151 of the 2024 Legislative Session
Section 700.1507 - Impartiality

If a fiduciary estate has 2 or more beneficiaries, the fiduciary shall act impartially in investing, managing, and distributing the fiduciary assets, and shall take into account any differing interests of the beneficiaries.

MCL 700.1507

Amended by 2009, Act 46,s 13 , eff. 4/1/2010.
1998, Act 386, Eff. 4/1/2000.