Michigan Laws > Chapter 554 > Act 280 of 1915 – Gifts, Grants, Bequests, and Devises


§ 554.351	Gift or grant for certain purposes; effect of indefiniteness, vesting of title, trustee appointment
§ 554.352	Gift or grant for certain purposes; jurisdiction of court; trust construction; prosecutor duties
§ 554.353	Validation clause

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Bequest: Property gifted by will.
Devise: To gift property by will.
Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories belonging to the United States; and the words "United States" shall be construed to include the district and territories. See Michigan Laws 8.3o
Statute: A law passed by a legislature.
Trustee: A person or institution holding and administering property in trust.