700.7508 Personal obligations of trustee.
Sec. 7508.
Trust property is not subject to personal obligations of the trustee, even if the trustee becomes insolvent or bankrupt.
History: 1998, Act 386, Eff. Apr. 1, 2000 ;– Am. 2000, Act 177, Imd. Eff. June 20, 2000 ;– Am. 2005, Act 204, Imd. Eff. Nov. 10, 2005 ;– Am. 2009, Act 46, Eff. Apr. 1, 2010
Popular Name: EPIC