Michigan Laws 700.7810 – Control and protection of trust property
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Terms Used In Michigan Laws 700.7810
- Property: means anything that may be the subject of ownership, and includes both real and personal property or an interest in real or personal property. See Michigan Laws 700.1106
- Trust: includes , but is not limited to, an express trust, private or charitable, with additions to the trust, wherever and however created. See Michigan Laws 700.1107
A trustee shall take reasonable steps to take control of and protect the trust property.