Michigan Compiled Laws
Mich. Comp. Laws § 555.17 (2026)
Express trust; disposal of land in event of failure or termination of trust.
✓ current as of July 2026
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Revised Statutes of 1846
R.S. of 1846
555.17 Express trust; disposal of land in event of failure or termination of trust.
Sec. 17.
The preceding section shall not prevent any person creating a trust, from declaring to whom the lands to which the trust relates shall belong, in the event of the failure or termination of the trust, nor shall it prevent him from granting or devising such lands subject to the execution of the trust; and every such grantee shall have a legal estate in the lands, as against all persons except the trustees and those lawfully claiming under them.
History: R.S. 1846, Ch. 63 ;-- CL 1857, 2647 ;-- CL 1871, 4130 ;-- How. 5579 ;-- CL 1897, 8845 ;-- CL 1915, 11581 ;-- CL 1929, 12983 ;-- CL 1948, 555.17
Notes of Decisions
Cited in 2
cases, 1975–1994 · leading case: Mickam v. Joseph Louis Palace Trust, 849 F. Supp. 516 (E.D. Mich. 1994).
Mickam v. Joseph Louis Palace Trust, 849 F. Supp. 516 (E.D. Mich. 1994). “Mich.Comp. Laws Ann. § 555.17. In this case, the settlor of the trust, Joseph L.”
Glaser's Elevator & Lumber Co. v. Lee Homes, Inc., 237 N.W.2d 312 (Mich. Ct. App. 1975). “See MCLA 555.17; MSA 26.67. The vested remainder interest may be mortgaged, MCLA 554.”
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