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§ 556.113 — Michigan Law | CourtGPT
  1. Home/
  2. Laws/
  3. Michigan/
  4. Chapter 556 - Powers of Appointmentact 224 of 1967 - Powers of Appointment Act of 1967 (556.111 - 556.133)/
  5. Statute Act 224 of 1967/
  6. § 556.113
Michigan Legal Code

§ 556.113

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556.113 Powers of appointment; creation; donors, qualifications. 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