Mich. Comp. Laws § 450.151

Current through Public Act 171 of the 2024 Legislative Session
Section 450.151 - Trustee corporations; officers

Same; officers. Every trustee corporation shall have officers corresponding to those prescribed for corporations generally in this act, appointed or elected as such trustees may agree upon by a majority vote, or as may otherwise be provided for in the trust instrument. Such corporation shall have all the rights, powers, privileges, and immunities conferred by law upon corporations generally, excepting as limited in the trust instrument or by the provisions of this act.

MCL 450.151

1931, Act 327, eff. 9/18/1931 ;--CL 1948, 450.151.