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  6. Chapter 700 - Estates and P...
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  8. Act 386 of 1998 Estates and...
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  10. Article-1 V - ii Michigan T...
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  12. 386-1998-VII-8 Part 8 Duties and Powers of Trus...


386-1998-VII-8 Part 8 Duties and Powers of Trustee (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  • Section 700.7809 Repealed. 2018, Act 664, Eff. Mar. 29, 2019.
  • 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; Liability to Beneficiary; 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 700.7820a Irrevocable Trust Including Discretionary Trust Provision; Distribution; Definitions.
  • Section 700.7821 Distribution Upon Termination.
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