Mich. Comp. Laws § 700.7407

Current through Public Act 57 of the 2024 Legislative Session

Section 700.7407 - Evidence of oral trust

Except as required by a statute other than this article, a trust need not be evidenced by a trust instrument, but the creation of an oral trust and its terms may be established only by clear and convincing evidence.

MCL 700.7407

Amended by 2009, Act 46,s 71 , eff. 4/1/2010.

1998, Act 386, Eff. 4/1/2000.