Section 1

Act 132 of 1967, § 1, under VALIDATING DEEDS BY TRUSTEES.

Act 132 of 1967, § 1

Section 1. Whenever heretofore real property has been conveyed to any person as trustee, without naming the beneficiary or beneficiaries and without declaring the purpose of the trust, and such trustee has thereafter in good faith made a conveyance of such property to a third person in his own name as trustee, without disclosing the beneficiary or beneficiaries or without showing his right to make such conveyance, when the deed given by such trustee is otherwise in proper form and capable of conveying the estate intended, such deed and conveyance are hereby made good and valid and effectual to transfer, pass and convey the estate, right, title and interest of the beneficiary or beneficiaries for whom the trustee held in, and to such real property.