State Codes and Statutes

State Codes and Statutes

Statutes > Michigan > Chapter-557 > Act-289-of-1975 > Section-557-262

UNIFORM DISPOSITION OF COMMUNITY PROPERTY RIGHTS AT DEATH ACT (EXCERPT)
Act 289 of 1975

557.262 Property to which act applies.

Sec. 2.

This act applies to the disposition at death of the following property acquired by a married person:

(a) Personal property, wherever situated which was acquired as or became, and remained, community property under the laws of another jurisdiction; all or the proportionate part of that property acquired with the rents, issues, or income of, or the proceeds from, or in exchange for, that community property; or traceable to that community property.

(b) All or the proportionate part of any real property situated in this state which was acquired with the rents, issues, or income of, the proceeds from, or in exchange for, property acquired as or which became, and remained, community property under the laws of another jurisdiction, or property traceable to that community property.


History: 1975, Act 289, Eff. Mar. 31, 1976