Michigan2026Active
HB4033
New Rules for Managing Unitrusts and Income Trusts
Last scannedAug 24, 2026, 10:53 AM
In one sentence
This bill creates a new law that sets procedures for how unitrusts and income trusts are managed.
What it does
- Creates a new act about trust administration.
Who it affects
Not clearly identified in the stored source.
Limits and unknowns
- The official text does not list specific rules for managing unitrusts or income trusts.
- It is unclear if this law changes existing trust laws or only adds new ones.
Official record
Sources
Official summary
Probate: trusts; procedures relating to the administration of unitrusts and income trusts; provide for. Creates new act.