Michigan § 554.524 - Definitions; F to P.
Full text of Michigan Michigan Compiled Laws § 554.524 — Definitions; F to P., with citation guidance and answers to common questions.
§ 554.524. Definitions; F to P.
"Financial institution" means a bank, trust company, savings and loan association, or credit union chartered and supervised under state or federal law.
"Legal representative" means an individual's personal representative or conservator.
"Member of the minor's family" means the minor's parent, stepparent, spouse, grandparent, brother, sister, uncle, or aunt, whether of the whole or half blood or by adoption.
"Minor" means an individual who is less than 18 years of age.
"Person" means an individual, partnership, corporation, limited liability company, association, or other legal entity.
"Personal representative" means a personal representative, independent personal representative, or special fiduciary of a decedent's estate or a person legally authorized to perform substantially the same functions.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 554.524
What does Michigan Compiled Laws § 554.524 cover?
Section 554.524 ("Definitions; F to P.") 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 § 554.524?
A common citation format is "Michigan Compiled Laws § 554.524" (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 § 554.524 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.