Sec. 3. (1) A power may be created by any creating instrument which is executed in the manner required by law for that instrument. (2) The donor of a power must be a person capable of transferring the interest in property to which the power relates and having a transferable interest in such property. History: 1967, Act 224, Eff. Nov. 2, 1967
‹ Prev All Michigan sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.