Mich. Comp. Laws § 700.7801

Current through Public Act 57 of the 2024 Legislative Session

Section 700.7801 - Administration of trust; duties of trustee

Upon acceptance of a trusteeship, the trustee shall administer the trust in good faith, expeditiously, in accordance with its terms and purposes, for the benefit of the trust beneficiaries, and in accordance with this article.

MCL 700.7801

Added by 2009, Act 46,s 112 , eff. 4/1/2010.