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§ 700.7407 — Michigan Law | CourtGPT
  1. Home/
  2. Laws/
  3. Michigan/
  4. Chapter 700 - Estates and Protected Individuals Codeact 59 of 2016 - Fiduciary Access to Digital Assets Act (700.1001 - 700.1018)/
  5. Statute Act 386 of 1998/
  6. Article VII - Michigan Trust Code (700.7101...700.7913)386-1998-vii-1 -/
  7. Division 386 1998 VII 4/
  8. § 700.7407
Michigan Legal Code

§ 700.7407

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700.7407 Evidence of oral trust.Sec. 7407. Except as required by a statute other than this article, a trust need not be evidenced by a trust instrument, but the creation of an oral trust and its terms may be established only by clear and convincing evidence. History: 1998, Act 386, Eff. Apr. 1, 2000 ;-- Am. 2009, Act 46, Eff. Apr. 1, 2010 Popular Name: EPIC