Michigan § 554.541 - Responsibility of third person.
Full text of Michigan Michigan Compiled Laws § 554.541 — Responsibility of third person., with citation guidance and answers to common questions.
§ 554.541. Responsibility of third person.
A third person in good faith and without court order may act on the instructions of or otherwise deal with any person purporting to make a transfer or purporting to act in the capacity of a custodian and, in the absence of knowledge, is not responsible for determining any of the following:
The validity of the purported custodian's designation.
The propriety of, or the authority under this act for, an act of the purported custodian.
The validity or propriety under this act of an instrument executed or given either by the person purporting to make a transfer or by the purported custodian.
The propriety of the application of property of the minor delivered to the purported custodian.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 554.541
What does Michigan Compiled Laws § 554.541 cover?
Section 554.541 ("Responsibility of third person.") 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 § 554.541?
A common citation format is "Michigan Compiled Laws § 554.541" (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 § 554.541 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.