Michigan Laws 500.914 – Qualified assets as guaranteed interest bonds
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Terms Used In Michigan Laws 500.914
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- United States: shall be construed to include the district and territories. See Michigan Laws 8.3o
Qualified assets for purposes of section 901 include bonds or other securities, the interest of which is guaranteed by the United States government pursuant to any act of congress enacted before, on, or after January 1, 1957.