HB4034 — Probate: trusts; uniform statutory rule against perpetuities; revise to reflect limitation of the personal property trust perpetuities act to certain property. Amends secs. 3 & 5 of 1988 PA 418 (MCL 554.73 & 554.75). TIE BAR WITH: HB 4033'25

HB4034 — Probate: trusts; uniform statutory rule against perpetuities; revise to reflect limitation of the personal property trust perpetuities act to certain property. Amends secs. 3 & 5 of 1988 PA 418 (MCL 554.73 & 554.75). TIE BAR WITH: HB 4033'25 · Informed CitizenryThis bill amends the Uniform Statutory Rule Against Perpetuities (1988 PA 418) to modify how nonvested property interests and powers of appointment are determined. Specifically, it revises the rule…Open in Informed Citizenry