Section 556.119 - Creation, exercise and release of powers; irrevocability. - Michigan Statutes

POWERS OF APPOINTMENT ACT OF 1967 (EXCERPT)
Act 224 of 1967

556.119 Creation, exercise and release of powers; irrevocability.

Sec. 9.

The creation, exercise or release of a power is irrevocable unless the power to revoke is reserved in the instrument creating, exercising or releasing the power.

History: 1967, Act 224, Eff. Nov. 2, 1967