Michigan § 390.1483 - Construction or interpretation of act and agreement.
Full text of Michigan Michigan Compiled Laws § 390.1483 — Construction or interpretation of act and agreement., with citation guidance and answers to common questions.
§ 390.1483. Construction or interpretation of act and agreement.
This act and any agreement under this act shall not be construed or interpreted to do any of the following:
Give any designated beneficiary any rights or legal interest with respect to an account unless the designated beneficiary is the account owner.
Guarantee that a designated beneficiary will be admitted to an eligible educational institution or, upon admission to an eligible educational institution, will be permitted to continue to attend or will receive a degree from the eligible educational institution.
Give residency status to an individual merely because the individual is a designated beneficiary.
Guarantee that amounts contributed to an account will be sufficient to cover the qualified higher education expenses of a designated beneficiary.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 390.1483
What does Michigan Compiled Laws § 390.1483 cover?
Section 390.1483 ("Construction or interpretation of act and agreement.") 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 § 390.1483?
A common citation format is "Michigan Compiled Laws § 390.1483" (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 § 390.1483 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.