Michigan § 555.25 - Express trust; trustee resignation.
Full text of Michigan Michigan Compiled Laws § 555.25 — Express trust; trustee resignation., with citation guidance and answers to common questions.
§ 555.25. Express trust; trustee resignation.
Upon the petition of any trustee of an express trust, the court of chancery may accept his resignation, and discharge him from the trust, under such regulations as shall be established by the court for that purpose, and upon such terms as the rights and interests of the persons interested in the execution of the trust may require.
Frequently Asked Questions About Michigan § 555.25
What does Michigan Compiled Laws § 555.25 cover?
Section 555.25 ("Express trust; trustee resignation.") 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 § 555.25?
A common citation format is "Michigan Compiled Laws § 555.25" (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 § 555.25 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.