4 chapters · 555 sections in this title.
Mich. Comp. Laws § 700.2702 Requirement of survival by 120 hours.
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Sec. 2702. (1) For the purposes of this act, except as provided in subsection (4), an individual who is not established by clear and convincing evidence to have survived an event, including the death of another individual, by 120 hours is considered to have predeceased the event.…
Mich. Comp. Laws § 700.2703 Protection of payors and other third parties.
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Sec. 2703. (1) Except as otherwise provided in this section, a payor or other third party is not liable for having made a payment or transferred an item of property or another benefit to a beneficiary designated in a governing instrument who, under section 2702, is not entitled t…
Mich. Comp. Laws § 700.2704 Protection of bona fide purchasers; personal liability of recipient.
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Sec. 2704. (1) Section 2702 does not obligate a person who purchases property for value and without notice, or who receives a payment or other item of property in partial or full satisfaction of a legally enforceable obligation, to return the payment, item of property, or benefit…
Mich. Comp. Laws § 700.2705 Choice of law as to meaning and effect of governing instrument.
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Sec. 2705. The meaning and legal effect of a governing instrument other than a trust are determined by the local law of the state selected in the governing instrument, unless the application of that law is contrary to the provisions relating to the elective share described in par…