State Codes and Statutes
Statutes > Michigan > Chapter-556 > Act-224-of-1967 > Section-556-131POWERS OF APPOINTMENT ACT OF 1967 (EXCERPT)
Act 224 of 1967
556.131 Membership of class; determination; after born members.
Sec. 21.
Except as provided in section 20, when the donee of a power executes an instrument exercising the power in favor of a class, the membership of the class shall be determined as of the effective date of the exercise and include any person otherwise qualified as a member of the class who was born after the execution of the instrument exercising the power and before the effective date of the exercise unless a different intention is apparent from the instrument exercising the power.
History: 1967, Act 224, Eff. Nov. 2, 1967 ;-- Am. 1970, Act 195, Imd. Eff. Aug. 6, 1970
