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MICHIGAN STATUTES AND CODES
386-1998-VII-8 - PART 8 (700.7801...700.7821)
- Section 700.7801 - Administration of trust; duties of trustee.
- Section 700.7802 - Duty of loyalty.
- Section 700.7803 - Impartiality; use of standards of Michigan prudent investor rule.
- Section 700.7808 - Settlor's power to direct contrary to trust terms.
- Section 700.7809 - Trust protector; exercise of powers.
- Section 700.7810 - Control and protection of trust property.
- Section 700.7811 - Recordkeeping and identification of trust property.
- Section 700.7812 - Enforcement and defense of claims.
- Section 700.7813 - Duty to locate trust property and compel delivery; retention of reserve for payment of expenses; improper distribution or payment from trust; wrongful conversion.
- Section 700.7814 - Duty to inform and report.
- Section 700.7815 - Discretionary powers; abuse; rules; effect of limited or prohibited powers; exceptions.
- Section 700.7816 - General powers of trustee.
- Section 700.7817 - Specific powers of trustee.
- Section 700.7818 - Environmental concerns or hazards; powers of trustee.
- Section 700.7819 - Tax matters; powers of trustee.
- Section 700.7820 - Payment provisions; facility.
- Section 700.7821 - Distribution upon termination.
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