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MICHIGAN STATUTES AND CODES
Section 552.21 - Payment of principal sum on court order; bonds.
DIVORCE
552.21 Payment of principal sum on court order; bonds.
Sec. 21.
Such trustees shall also pay over the principal sum to either party and children of the marriage, when ordered by the court, in such proportions, and at such times as the court shall direct, regard being had, in the disposition of the income, as well as of the principal sum, to the situation and circumstances of either party and their children; and the trustees shall give such bonds as the court shall require, for the faithful performance of their trust.
History: R.S. 1846, Ch. 84 ;-- CL 1857, 3242 ;-- CL 1871, 4753 ;-- How. 6243 ;-- CL 1897, 8636 ;-- CL 1915, 11412 ;-- CL 1929, 12743 ;-- CL 1948, 552.21 ;-- Am. 1970, Act 182, Imd. Eff. Aug. 3, 1970
Popular Name: No-Fault Divorce