Introduced
by
To revise details related to “vesting periods” in <a href="https://www.legislature.mi.gov/documents/2007-2008/billanalysis/Senate/htm/2007-SFA-4602-A.htm">a law</a> that restricts "perpetuities,” which is a legal doctrine intended to prevent assets from being tied-up in long-term family or "dynasty" trusts.
Referred to the Committee on Judiciary and Public Safety
Reported without amendment
With the recommendation that the substitute (S-1) be adopted and that the bill then pass.
