Michigan § 554.535 - Time of control; holding constituting single custodianship.
Full text of Michigan Michigan Compiled Laws § 554.535 — Time of control; holding constituting single custodianship., with citation guidance and answers to common questions.
§ 554.535. Time of control; holding constituting single custodianship.
A transferor shall place the custodian in control of the custodial property as soon as practicable.
A transfer shall be made only for 1 minor, and only 1 person shall be the custodian. Custodial property held under this act by the same custodian for the benefit of the same minor constitutes a single custodianship.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 554.535
What does Michigan Compiled Laws § 554.535 cover?
Section 554.535 ("Time of control; holding constituting single custodianship.") 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 § 554.535?
A common citation format is "Michigan Compiled Laws § 554.535" (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 § 554.535 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.