Michigan § 450.150 - Trustee corporations; articles of incorporation.
Full text of Michigan Michigan Compiled Laws § 450.150 — Trustee corporations; articles of incorporation., with citation guidance and answers to common questions.
§ 450.150. Trustee corporations; articles of incorporation.
Same; articles of incorporation. The articles shall, in addition to other requirements made in this act, state:
The nature of the business, if any, in which such trustee corporation will be engaged, and the nature and value of the trust property; and to all such articles, wherever filed, there shall be attached verified copies of every trust instrument or other written directions upon which such trust is founded;
The number of persons who shall constitute the permanent board of trustees of such corporation; the length of time for which the trustees are authorized to act after election or appointment as the case may be; and the mode in which their successors shall be elected or appointed;
Whether or not other persons than the incorporators are, or may become, members or stockholders thereof.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 450.150
What does Michigan Compiled Laws § 450.150 cover?
Section 450.150 ("Trustee corporations; articles of incorporation.") is part of the Michigan Compiled Laws, the codified statutory law of Michigan. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Michigan § 450.150?
A common citation format is "Michigan Compiled Laws § 450.150" (Michigan). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Michigan law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Michigan official source linked on this page or consult a licensed Michigan attorney.
How does Michigan § 450.150 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Michigan can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Michigan.