Michigan Laws 125.1436 – Trustee; additional powers
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Terms Used In Michigan Laws 125.1436
- Trustee: A person or institution holding and administering property in trust.
The trustee, in addition to the powers granted in section 35, shall have and possess all of the powers necessary or appropriate for the exercise of any functions specifically set forth herein or incident to the general representation of bondholders or noteholders in the enforcement and protection of their rights.