Mich. Comp. Laws § 700.7508

Current through Public Act 166 of the 2024 Legislative Session

Section 700.7508 - Personal obligations of trustee

Trust property is not subject to personal obligations of the trustee, even if the trustee becomes insolvent or bankrupt.

MCL 700.7508

Amended by 2009, Act 46,s 87 , eff. 4/1/2010.

Amended by 2005, Act 204, s 16, eff. 11/10/2005.

1998, Act 386, Eff. 4/1/2000 ;--Am. 2000, Act 177, Imd. Eff. 6/20/2000.