Michigan § 555.19 - Express trust; assignability of interest of beneficiary.
Full text of Michigan Michigan Compiled Laws § 555.19 — Express trust; assignability of interest of beneficiary., with citation guidance and answers to common questions.
§ 555.19. Express trust; assignability of interest of beneficiary.
No person beneficially interested in a trust for the receipt of the rents and profits of lands, can assign or in any manner dispose of such interest; but the rights and interest of every person for whose benefit a trust for the payment of a sum in gross is created, are assignable.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 555.19
What does Michigan Compiled Laws § 555.19 cover?
Section 555.19 ("Express trust; assignability of interest of beneficiary.") 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 § 555.19?
A common citation format is "Michigan Compiled Laws § 555.19" (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 § 555.19 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.