Michigan Laws 554.53 – Applicability of act to nonvested property interests
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Terms Used In Michigan Laws 554.53
- shall not apply: means that the pertinent provision is not operative as to certain persons or things or in conjunction with a particular date or dates. See Michigan Laws 8.4c
- Statute: A law passed by a legislature.
This act applies only to nonvested property interests created after September 23, 1949. Unless as otherwise provided by statute, this act shall not apply to nonvested property interests created on or after the effective date of the uniform statutory rule against perpetuities.