Mich. Comp. Laws » Michigan Compiled Laws / Chapter 555 / Act 159 of 2004
Michigan Compiled Laws

Mich. Comp. Laws § 555.501 (2026)

Short title.

✓ current as of July 2026
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UNIFORM PRINCIPAL AND INCOME ACT


Act 159 of 2004


555.501 Short title.

Sec. 101.

    This act shall be known and may be cited as the “uniform principal and income act”.

History: 2004, Act 159, Eff. Sept. 1, 2004

Notes of Decisions
Cited in 1 case (1 in the last 5 years), 2024–2024 · leading case: In Re Allen R Soble Revocable Trust (Mich. Ct. App. 2024).
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In Re Allen R Soble Revocable Trust (Mich. Ct. App. 2024). “Michigan’s Uniform Principal and Income Act (UPIA), MCL 555.501 et seq., creates a set of default rules applicable to the manner in which receipts and expenditures of trusts are credited and charged between income and principal when a trust is silent in that regard.”
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